Ashwin Gulati ’90 dismantles the myths, ambitions, and raw realities of a startup culture where 97% of ventures fail. So why do entrepreneurs keep lining up? Why do VCs keep funding them? And what isn’t working? In this behind-the-curtain talk, Gulati exposes the deeper forces shaping today’s entrepreneurial ecosystem and the hard truths behind the glossy success stories, including topics that entrepreneurs hide and what investors won’t tell you: business vs. personal drivers—and why knowing the difference matters; the dark side of OPM (Other People’s Money); what is Scrit—and how to actually work with smart people; and yes… why Steve Jobs was wrong.