Lessons from the 1990s Bubble- don't get big fast.

Or put another way, perserverance has resulted in business success... for those who had a long term strategy.

The herd instinct is dangerous.

High Tech startups are less likely to fail (though the %48 figure was "companies seeking VC funding" it doesn't break down how many got it. Possibly, those who did not get it had a lower failure rate.)