Thanks Sheriff for writing.

I strongly believe that the comradeship spirit your conclusion highlights is important not just for those who benefit from it but also from everyone in the ecosystem.

80% of startups fail. This is a FACT! The ones who go public are the super-heroes and they give us all the opportunity to learn.

Experiment > Fail > Learn > Repeat.

As far as startup successes go, this is the cycle and FAILURE is a vital part of that process.