I live in NJ and was looking to try out a bet exchange. Apparently one called "Sporttrade" is coming, but I was wondering what the laws are. I've heard US people can't use Betfair. Why is is this? Does the same apply to matchbook? And I"ve heard there are bitcoin exchanges in USA. Why are these legal but not Betfaimatchbook?
submitted by Yo. After my
5 Lessons from 2 Failed Startups post here on
Entrepreneur I got in touch with the guys from the failory.com website. Since failing at startups seems to be my area of expertise and the premise of their site is learning from entrepreneurial mistakes, it seemed like a great fit to make some content together.
So, I got to write this quite extensive piece on startup failure rates - why they are so high and why it's important to distinguish between true startups and more traditional new businesses when talking about risk. I think it's an important topic for anyone looking to become a startup founder, so I hope I did it justice and that you guys will find it useful!
As per Entrepreneur rules, I'm copying the whole content of the article here. At the bottom, I'll post the link which includes a pretty infographic and some other visualisations. ---
Startup Failure Rate: Ultimate Report + Infographic [2020]
- 9 out of 10 startups fail (source: Startup Genome - the 2019 report claims 11 out of 12 fail).
- 7.5 out of 10 venture-backed startups fail (source: Shikhar Ghosh).
- 2 out of 10 new businesses fail in the first year of operations (source: Bureau of Labor).
These are some of the most common statements on the topic of startup failure. While those stats could certainly be helpful, if you put them in the wrong context, they could also be misleading.
In this article, we’ll try to go to the source of the data as well as Failory’s unique experience of talking directly to hundreds of successful and failed startup founders to shed light on the question of startup failure.
INFOGRAPHIC What is a startup and why is it prone to failure?
In its broadest sense, it is a new business in its earliest stages of development.
This definition is too general, however, and as a result - misleading. A new hairdresser salon is also a new business in its early developmental stages, but most people in the startup community would tell you a hairdresser salon isn’t a startup.
A startup usually has two important characteristics:
- Innovation: A startup is testing assumptions that haven’t been tested before – sufficiently new technologies, products & services, or markets.
- Growth: A startup has the potential to grow exponentially rather than linearly. It is scalable. This usually happens because technology provides leverage (usually, a marginal cost of production close to 0).
So, a startup is in essence a
business experiment with potential. This means that real startups are prone to failure by definition. They are testing assumptions, and it’s very likely these assumptions are wrong. The more innovative the startup, the riskier the assumptions it’s testing, the more likely it is to fail.
When you put this new kind of risk on top of the traditional risks of starting a business (finance/cash flow risks, operational risks, team risks, marketing risks, etc.), it’s no surprise most startups fail.
Example: New Startup vs Non-startup Projects Imagine you have a new IT consultancy that builds software for your clients. Even though you are a new business and you work with technology, you are not a startup because: - You are not innovative by definition. You’re providing the same service other IT consultancies all over the world are providing.
- You can grow linearly – you are getting paid per hour, so growth would require you to hire new developers, which would increase your costs at a similar rate to your revenues.
One day, you notice that all your clients have a similar problem, so you decide to invest some time in developing your own software product aimed at solving that problem. This is a startup project, because: - It’s innovative – it is solving a problem in a new way (your software solution).
- It’s scalable – gaining new users of the software doesn’t increase the costs of running the software linearly.
The likelihood of your consultancy business failing is lower than the likelihood of your new software product failing because the software project is still trying to find product-market fit. Once validated, however, the software project could have bigger returns because of its potential for exponential growth through leveraging technology instead of human capital. Startup Failure Rates:
So, when you talk about startup failure rates, it’s important to understand one thing:
- Are you talking about the failure rates of new businesses in general?
- Or are you only talking about the failure rates of innovative and scalable business ideas?
Failure rates of all new businesses: Statistical sources coming from government institutions are largely concerned with the failure rate of new businesses as a whole. This is useful if your project is closer to a traditional business. In this case, your baseline failure rate would be lower than 90%. One of the most quoted statistics, in this case, is the
Business Employment Dynamics report coming from the Bureau of Labor:
- 20% failure rate until the end of the 1st year
- 30% failure rate until the end of the 2nd year
- 50% failure rate until the end of the 5th year
- 70% failure rate until the end of the 10th year
Most new registered businesses aren’t true startups, so you shouldn’t assume your likelihood to fail in the 1st year is only 20% if you’re trying to do something innovative.
N.B. Some articles out there are quoting those statistics in the context of startups, which is misleading, so be careful! Failure rates of scale-ups: Statistics coming from Venture Capital funds are mostly concerned with real, innovative, scalable startups. However, venture funds invest mostly in growth-stage startups, AKA scale-ups. They are true startups, but most of them have gotten past one of the biggest risks for startups: the search for product-market fit. They have tangible proof that people want what they are offering (this proof is how they attract venture capital).
This means that their failure rates would be lower than the failure rate of early-stage startups. Harvard Business School lecturer
Shikhar Ghosh says in a
WSJ article that 75% of venture-backed companies never return cash to investors and in 30-40% of the cases investors lose their whole initial investment (he works with a dataset of 2000 venture-backed startups).
That said, only 0.05% of startups get VC funding (Source:
Fundable), so this statistic is not applicable for the vast majority of new businesses, especially if they are in the early idea stage.
Failure rates of all startups: Early-stage (idea stage) startups, of course, bear the highest risk and have the highest failure rates. It’s hard to claim accuracy about failure rate statistics for those kinds of projects because a large chunk fly below the radar. They don’t raise capital from funds or other entities who maintain a dataset - most early-stage businesses are funded from the founders, their family, and friends. A large chunk of early-stage startup projects don’t even register a legal entity – you don’t need one to test an assumption. You need one once you start making money.
The regularly quoted number is that 9 out of 10 startups fail, and it seems to originate from the
Startup Genome project (in some of their more recent reports, however, they even say only 1 in 12 entrepreneurs succeed).
The exact accuracy of the statistic is beside the point for most people. The fact remains that startups are extremely risky, as can clearly be seen by our growing collection of
interviews with failed startups founders as well as our
Startup Cemetery, but equally rewarding, as can be seen in our
startup success story interviews.
Failure rate implications for startup investors
So why can investing in startups be profitable even with the abysmal failure rate?
It’s because the successful startups make up for the unsuccessful ones.
If a startup fund has a portfolio of 100 companies, most of its returns would come from the 1 biggest success (ideally, a unicorn), followed by the 9 successful-but-not-huge companies. The 10 successful startups more than compensate for the 90 failures.
The implication here is that startup investors are searching for the home-run, and are willing to lose money on most of their investments to find that company. This means that as a founder, you’re unlikely to get funding from startup angels and VCs if you don’t show a lot of ambition and scalability.
This doesn’t necessarily mean that your idea isn’t worth pursuing if it doesn’t fit the investment criteria of VCs. Being a successful founder of a lifestyle business is way better than being an unsuccessful founder of a traditional
go huge or go home startup.
Failure rate implications for entrepreneurs
If you’re doing anything remotely innovative, you need to accept the fact that you are very likely to be wrong. The world is very complex, most ideas (and the assumptions they carry) turn out to be bad.
That said, simply accepting that you have a 90% chance to fail doesn’t seem like a healthy mentality. There are plenty of ways you can maximize your chances of success. The fact that the average is 90% doesn’t mean you can’t nudge this number in your favor.
Some of the concepts that would help you the most:
For idea-stage startups: You are searching for a product-market fit. The principles of the
Lean Startup are extremely important at this stage. The goal is to validate your assumptions as quickly and cheaply as possible and to give yourself time to pivot if necessary. Get a good grasp of the meaning of MVP, validation experiments, validated learning. Get used to the agile project management principles when you are in the process of building. Learn to prioritize and change your priorities based on customer feedback.
Here are some findings from the Startup Genome Project:
- Startups need 2-3 longer to validate their market than most founders expect. (The implication here is that cashflow/availability problems can kill the project before you were able to properly test the waters.)
- Founders overestimate the value of the intellectual property before product-market fit by 255%.
- Startups that pivot 1-2 times have 3.6x better user growth and raise 2.5x more money. Startups that pivot 0 times or more than 2 times do considerably worse. (The implication is that it is prudent to secure sufficient time and resources to attempt up to two pivots.)
For later-stage startups: One of the biggest traps is
premature scaling. It means over-investment of resources (in the broadest sense) too early in the startup journey. The Startup Genome Project breaks the startup stages in four: Discovery, Validation, Efficiency, Scale. It calls startups that scale prematurely inconsistent. Here are some examples of their findings:
- Inconsistent startups write 3.4x more code in their Discovery phase and 2.25x more code in the Efficiency phase.
- Inconsistent startups raise 3 times more capital in the Efficiency stage and 18 times less capital in the Scale phase.
- The self-reported valuation of inconsistent startups before reaching the Scale phase is $10 mil. Consistent startups report $800k.
- Inconsistent startups have 75% more paid users in the Discovery and Validation phases. Consistent startups have 50% more in the Scale stage.
Common reasons for startup failure
In the in-depth study of our interviews with the founders of 80+ failed startup projects that you can read in full in our
Startup Mistakes article (which we're publishing soon), we found that the most common reasons for failure are the following:
GRAPHIC - Marketing Problems (56%): marketing mistakes were the biggest killers, and the biggest problem by far is the lack of product-market fit. Don’t invest a lot of time and resources before you are certain people want what you are offering. Validate your assumptions quickly and cheaply, and if needed - pivot.
- Team Problems (18%): problems like lack of domain knowledge, lack of marketing knowledge (and plan), lack of technical knowledge, and finally – lack of business knowledge, are the biggest killers. Friction within the team, lack of motivation, and lack of availability are also common, but less deadly.
- Finance Problems (16%): more than 50% of the interviewed founders didn’t have a budget for their project, and 75% were self-funded, yet only 16% point at financial problems as the reason for failure. That’s because you don’t really need a lot of money to test and validate concepts (you need effort). You need money to grow an already validated concept, so financial problems plague mostly exclusively later-stage startups.
- Tech Problems (6%): rarely a big killer even though the vast majority of the interviewed startups have some kind of technology in their core. The biggest mistake is over-investment in expensive technology (developer time) before the marketing assumptions have been validated.
- Operations Problems (2%): for software startups like most of our interviewees, operational problems are understandably rare. For startups that work with physical products, this might not be the case.
- Legal Problems (2%): largely overestimated, and very rarely the reason for failure. That said, heavily-regulated industries like food and finance still present legal obstacles.
Disclaimer: most of the projects we interview are true startups (rather than new traditional businesses) and have some form of technology (usually software) in their core. This means our conclusions might not be that useful for new projects closer to traditional brick-and-mortar businesses. Moreover, we gather the data by interpreting qualitative interviews (rather than surveys), so allow for some error for interpretations. Startup failure rates by Industry & Sector
When talking about traditional businesses, statistics from the Office of Advocacy show that
new business failure rates are very similar across industries (
source).
For true innovative tech startups, there aren’t good sources of failure rates divided by industry. Nonetheless, this graphic coming from the Startup Genome 2019 report might prove very valuable. It divides startups into sub-sectors, and measures if the sectors are growing, mature, or declining based on the early-stage funding they tend to receive and the 5-year exits:
GRAPHIC Some failure examples from the hottest sectors:
Agtech & New Food Example failed project:
The Poultry Exchange A big challenge Agtech startups are facing is introducing new technologies (especially digital) to a mature, traditional industry that might be short on early adopters.
Blockchain Example failed project
: 300Cubits Blockchain has obvious potential. Yet, the reality of the overly-volatile and speculative coin market as well as the unfamiliarity of potential stakeholders with the technology makes it hard to put theoretically sound ideas into practice.
AI, Big Data, & Analytics Example failed project
: Roadstar.ai One of the industry giants in trouble: MapR Even though the long-run potential of AI is unquestionable, the technology is in its infancy, and finding economically viable applications for it fast enough has proven to be a hard nut to crack. A lot of the most famous AI startups (e.g. OpenAI) resemble a fundamental science research team more so than a business team. A lot of the investors in the field are playing the long game.
Advanced Manufacturing & Robotics Not a formal statistic, but industry experts believe the robotics startup failure rate is 99% (!). There are
many reasons why, but it boils down to “robotics startups are tackling an extremely hard technical problem”.
Best Startup Environments
If you are starting an innovative tech-based startup, your best bet is to operate in one of the leading startup ecosystems in the world. There you will find the greatest density of invaluable resources like know-how (mentors, IT talent, marketing talent) and startup finance (angel investors, VCs).
Here is the
2019 Global Startup Ecosystem Ranking, as given by the Startup Genome project:
GRAPHIC Silicon Valley leads the way worldwide and in the USA. London is the strongest European startup cluster, while Beijing is the most prominent startup hub in Asia. That said, startup culture is spreading all over the world, and while once the only viable place to found a true startup was the Valley, nowadays viable alternatives are much closer to home for most entrepreneurs.
Final Remarks
We hope that we succeeded in clearing up some of the confusion about startup and new business failure rates!
Startups are without a doubt very risky, but with great risk comes great potential. Potential not only for financial returns, but for progress and innovation that could improve the quality of life of people all around the world. So, don’t let the risk of failure discourage you! Be audacious!
If you like our content, make sure to sign up for our email newsletter below! We share inspiring interviews with failed and successful startup founders as well as other kinds of interesting content and resources about entrepreneurship! ---
Cheers!
Source: Startup Failure Rate: Ultimate Report + Infographic [2020] I’ve always admired the Lexington Center leadership and Sangha. Great people, plus they always seem to have their s%&t together-very professional. They “acquired” their own property and built it out beautifully (some pictures are here
https://lexington.shambhala.org/nggallery/thumbnails). The Governing Council published minutes of their meetings as required (it was once VERY noticeable that centers that “owned” their center also operated with more attention to compliance with local laws and codes, something that suggests that heightened responsibilities raised by property ownership woke up those same centers to better management and leadership generally when “Mandala compliance” was no longer the ONLY “law”).
Their minutes from early 2019 (people can look them up but I’m not comfortable putting in a direct link) report the results of a monthly call held with the Interim Board and Centers. These calls occurred at a time when Shambhala USA/CA faced financial catastrophe if they defaulted on their loans. It’s obvious from these meetings that the local leaders were haunted that their centers would be “pulled out” from under them and sold to either repay the loans or forced to sell them if they defaulted. This is what they wrote about the calls:
From their March 2019 Minutes:
"Nashville was voting yesterday on whether to stay part of the organization or not. Denver’s director said 25 people have left, taking considerable donations with them. Their next director will be unpaid. Centers who own their own buildings have supplicated the Interim Board to have a Zoom conference on the issue of not having our buildings sold out from under us.
The Process Team is charged with coming up with a new business model for the Mandala. Mxxx said most of the mandala’s debt is secured, so properties can be sold to discharge debt*…*There was a discussion of how bankruptcy is handled for 501c3 nonprofits."
From their April 2019 Minutes:
“Finance is on most people’s minds, and organizational structure. The Sakyong Potrang is controlled by three people; Sakyong Mipham, his wife, and Landon Mallory. SMR is legally chairman of the board for Shambhala USA and Canada; the board is set up like any board of directors, so he can’t make unilateral changes (according to Mary from David Brown). [N.B. That’s not consistent with the by-laws.] The Interim Board assures us they won’t be selling centers to raise capital. Nashville voted to stay in, so did Boston. Some have voted to leave."
What Occurred After The Marpa Sale and Cash Flowed Back to The Potrang is Interesting Shambhala sold Marpa the next month. Lexington, for whatever reason, published minutes from only June and September, then went silent. The issue about selling centers was obviously resolved with the Marpa sale. (Boulder is an outlier in all of this because it has a unique and direct financial arrangement with several of the 501(c)(3)’s.)
The September minutes (their final one) was interesting and strange. Lexington no longer focused on local issues, but there were pages of attachments from the “high command” exploring “Theory U” and a “new” model to raise revenue. It was like the Center was hijacked.
It’s probably not a coincidence that over the next few months, The Pilgrim Committee formed, JV sent out the private e-mail to only Vajra students requesting large increases in donations in exchange for a “generosity transmission”, the gang organized an RA in Europe and much more that we are just learning, including a new set of teachings from KC designed ONLY to rebuild the “lineage support” teachings, practices and customs.
The Issues About the Threats to Local Centers If Shambhala USA/CA Defaulted on The Potrang Loans is Telling (It’s Like The Duke’s and Their Family Business in Trading Places) About the ownership matter, management of finances and the governing structure, there’s an arrangement that carried on like “business as usual” that would send chills down the spine of any person who were/are directors or officers. There are standard laws in EVERY jurisdiction that prohibit “self-dealing” transactions, comingling of funds between related organizations that are not managed as “arms-length” transactions and more (there are more requirements for 501(c)(3)s). The absurd ease and disdain about violating those restrictions are obvious in many areas (at least 10), but this “property sale” issue is a clear and basic example.
The Potrang owns the centers (even though that was never obviously fully explained or understood). The same people also managed Shambhala USA/CA (plus Europe, by extension) and constituted the KC. Shambhala USA/CA faced a spiraling financial crisis over several years (but didn't mention this until mid-2018). So the Potrang extended it “bridge loans” a few years ago (and made a Vegas style bet that the 2017 book tousales would generate enough revenue to make everything “OK”, makes sense now why the contingent that traveled with the Sakyong seemed unusually tense and rude compared to prior tours.)
Putting aside who “owns” the Potrang,
the major issue with the loans is that they obviously required consent from certain large donors to redirect the use of “restricted donations” (meaning they could only be used for a stated purpose) to assist Shambhala USA/CA.
Those donors had the legal power to demand those funds be restored for their original purpose as promised, and if not, trigger “cross-defaults” that could send all of Shambhala into bankruptcy. Sell the centers, sell Marpa, sell the many “limited use” retreat properties – didn’t matter –
just get the money back and keep the Patron cash flowing in to the “family trust”. (Remember the ending of “Trading Places” with Mortimer Duke yelling “Sell! Sell!” to save the family business
https://www.youtube.com/watch?v=i2uu6NF2inY).
The alternative was something that stinks of a coercive-like (dare I say “blackmail”) relationship. To members such as the good people of Lexington and the residents of Marpa; if they didn’t sell, the Potrang loan defaults would force a sale anyway but at a lower price and those proceeds would still flow back to the Potrang. Guess that whomever managed the Potrang was unwilling to negotiate and explore a less harsh and inclusive solution, but it strong-armed other Shambhala entities to get the cash back to the Potrang. Obvious that people in these centers and other locations at risk of losing the property SO MANY believed THEY contributed to personally wasn't a consideration. Harsh!
The ONLY plausible defense were they were sued or investigated is that it was the PATRON DONORS that pressured them to restore the funds to the Potrang, and had an obligation to honor THOSE WEALTHY "JEWEL" PATRONS.
It’s a shaky defense because Shambhala had (and they admitted this several times) lost track of the comingling of funds over so many years under the ownership of a single person (or family) with the same set of “board”/council member & “ministers” controlling every entity that this wasn’t an isolated incident, but part of a serious and massive mismanagement of funds, lack of proper accounting and record-keeping, failure of disclosure and transparency (if not outright deception) to ALL donors involved with ANY Shambhala “division” and any outside entity that might be entitled to back-taxes.
Add in the potential risks from disclosures during the various investigations, and ESPECIALLY after BPD started its criminal investigation around August 2018, and other pieces fit together. Isolate MJM, reduce exposure of KC, protect Jewel Patrons and their cash flows, hire expensive lawyers and PR reps, start shifting assets, form new secret entities in other states, sell the “family owned” Boulder “palace” (completed last month after the Pilgrim event and in the middle of a Pandemic closed market), quietly close out the businesses in places where “someone” might be able to place a lien on assets, deny it all, send out mercenaries to attack those involved in any process that gets “too close for comfort”, and authorize several of the more involved Patrons who have low exposure to issue a letter telling the community that anyone that didn’t understand it was all created to support one specific lineage never read the “fine print.”
MJM, physical harms and ongoing criminal matters aside, anyone curious about the most basic causes and conditions that accelerated the spiraling train wreck, just
follow the money from the most powerful, wealthy and influential Patrons and its “cute” use of many 501(c)(3)’s as a shield to help manage a family trust while messaging that it’s all about benefiting society. Updated on 16 Sept 2020, Arranged in Chronological Order All articles cited are from reliable and trustworthy sources (some may be NSFL): Use this website to read any paywalled site you might encounter in this list. Major Incidents: ONE. Assasination of Jacob Israël de Haan (1924), a Dutch-Jewish diplomat, for attempting to make a peace deal with the Emir of Mecca - his plan was a Palestinian state in a Jordanian federation, the Zionists would drop the Balfour declaration and any claim to a state in exchange for unrestricted immigration. He was assassinated when leaving a synagogue by Avraham Tehomi (who admitted to it much later), on the orders of Yitzhak Ben-Zvi, who later became the 2nd President of Israel:
Wiki,
Haaretz,
972mag TWO. King David Hotel Bombing (1946) where right-wing Zionist terrorists attacked a British HQ located within the hotel killing 91 and injuring 46. The leader of the perpetrators, Manachem Begin became the Prime Minister of Israel in 1977:
Wiki,
Haaretz THREE. Deir Yassin Massacre (1948) where 110 villagers were slaughtered, some members of the perpetrators were at a later time, absorbed into the IDF, one even became PM of Israel:
Wiki,
Haaretz,
Britannica FOUR. Document from IDF archives (1948) which after translation states:
"In the villages lying between Nahraiya and Tarshiha there are no foreign troops for the time being.The villages are armed and ready for action
1. Your orders are to occupy, kill the men
2, destroy and burn down the villages of Kabri, Umm al-Faraj and al-Nahr."
[1] Ilan Pappe notes that the villagers had no proper arms, only for hunting purposes and people who served in the police; without Arab troops that were absent they stood no chance [2] In April 1948, the Intelligence of the Hagana defined men as anyone above the age of 10
Sources:
-Photo taken from IDF Archives 1676\51\12
-Benny Morris, The Birth of the Palestinian refugee problem, 1947-1949, ISBN 0-521-33028-9. P. 133
-Hagana archives, 100\35, dated May 19, 1948
FIVE. Palestinian Exodus "Nakba" (1948) was an expulsion of 700,000 Palestinian Arabs from their Homeland during the war and establishment of Israel in May 1948, these includes testimonies of massacres, rape and looting. During and immediately following the state’s creation, Israel expropriated approximately 4,244,776 acres of Palestinian land.
Haaretz,
Haaretz,
Atlantic,
Vox,
TheWallsOfJerusalem SIX. Assassination of Folke Bernadotte, (1948) UN Mediator for Palestinian Refugees by Israel's Zionist Paramilitary Group, Lehi. The killing was approved by the three-man 'center' of Lehi, one of which, after the assassination, became 7th Prime Minister of Israel (Yitzhak Shamir). No one was convicted for the assassination:
Wiki,
Independent,
Haaretz,
WRMEA SEVEN. Lavon Affair (1954) a failed false flag operation where Egyptian Jews were recruited by Israeli Military Intelligence to plant bombs inside Egyptian, American, and British-owned civilian targets, their foiled plan was to blame the attacks on the Muslim Brotherhood:
Haaretz,
TimesofIsrael,
Wiki EIGHT. Kafr Qasim Massacre (1956) where Israeli Border Police killed 49 Arabs (19 men, 6 women, 23 children, 1 unborn child) returning home from work during a curfew they were unaware of. Those involved in the massacre were found guilty but were pardoned and released from prison in a single year. The highest ranking official prosecuted for the massacre confessed before his death, that the massacre were planned to ethnically cleanse Israeli Arabs from the region, and that his trial was staged to protect Israeli political and military elites, including Prime Minister Ben Gurion, from taking responsibility for the massacre:
Wiki,
Haaretz,
972mag,
Medium NINE. Apollo Affair (1965) an incident where 200-600 pounds of highly enriched uranium disappeared from a Nuclear Materials and Equipment Corporation in Pittsburgh, Pennsylvania. Highly suspected to have gone to Israel's Nuclear Program particularly given the visit of Rafi Eitan who was under the guise of a chemist but later revealed as an Israeli spy and who was later involved in the
Jonathan Pollard incident:
Wiki,
LATimes,
Mondoweiss,
Archive of the findings of Roger Mattson, a Physicist who investigated the Incident for the Nuclear Regulatory Commision,
YouTube,
1968 FBI Report,
FBI's Declassified Memo PDF TEN. USS Liberty (1967) where Israel deliberately attacked an American Cargo Vessel killing 34 without any repurcussions:
YouTube,
Haaretz,
Wiki ELEVEN. Sabra & Shatila massacre (1982), perpetrated by a Lebanese Christian militia (Phalangists), which was under the political and military control of Israel. For 3 days, they engaged in rape, murder and mutilation w the knowledge of IDF troops surrounding the refugee camps. Israeli forces fired flares into the night sky to illuminate the darkness for the Phalangists, allowed reinforcements to enter the area on the 2nd day of the massacre, and provided bulldozers that were used to dispose of the bodies of many victims. Estimated death count: 2000 - 3500. Ariel Sharon was held responsible for the Massacre, but he was still voted as PM of Israel in 2001:
SciencesPo,
TRTworld,
AJ,
IMEU TWELVE. Operation Trojan (1986) according to ex-Mossad agent in his book, Mossad instigated the US bombing of Libya by planting a transmission device and impersonating as the Libyan Govt sending terrorist orders to its embassies around the world. (Story in Page 113-117) (Downloadable PDF File):
Other Side of Deception PDF THIRTEEN. Cave of Patriarchs Massacre (1994) Israeli Settler Baruch Goldstein opened fire in Ibrahimi Mosque, killing 29 worshippers and wounding more than 125:
Wiki,
JPost FOURTEEN. Qana Massacre (1996) IDF fired artillery shells at a UN Compound where 800 Lebanese civillians were taking refuge. 106 civillians were killed, 116 injured, 4 Fiji UN forces were also seriously injured:
Wiki,
AlAraby,
Independent,
DailyMotion FIFTEEN. 2nd Qana Massacre (2006) air-strike carried out by IDF on a building Lebanon during the war. 28 civillians were killed out of which 16 were children. Upon investigation, IDF concluded that there was in fact no rocket launched from Qana on the day of the deadly strike by IDF:
Wiki,
BBC,
Norman Finkelstein SIXTEEN. Israeli Mossad posed as CIA agents to recruit terrorists to carry out False Flag Operations against Iran (2007-2008)
Haaretz,
ForeignPolicy SEVENTEEN. Four Iranian nuclear scientists were assassinated and another was seriously wounded in an attempted murder between (2010-2012). US officials confirm that Terror Group, MEK was financed, trained, and armed by Israel in killing the nuclear scientists:
NBC,
Guardian,
Guardian Sidenote What is Zionism?
YouTube Palestine before Zionism (Pre-1948):
Youtube (1896)
Youtube (1900s)
Youtube (1930s)
Youtube (1946 - Arrival of Illegal Zionist Immigrants)
Divide & Conquer: An interactive map explaining the Israel divide and control of Palestinian Land (2019):
Interactive Map JIDF: Israeli Government is paying and giving away scholarships to students who fight internet battles and spread propaganda (2013):
BBC,
USAToday,
Huffington Post Israel's JIDF Hasbara App (2017):
YouTube App on GooglePlay where people defend Israel on Social Platforms to gain points (2019):
GooglePlay Intl Law: Apartheid Against Palestinians:
Protected Wiki International Law (Additional Protocol I to the Geneva Conventions of 1949, UN Resolution 37/43) dictates that Palestinians have a legal right to an armed struggle to resist occupation:
Add. Protocol I, Geneva Conventions (PDF),
UN Resolution 37/43 (PDF) Israel's building of settlements in occupied territories such as the West Bank and East Jerusalem are illegal under international law, violating Article 49 of the Fourth Geneva Convention of 1949 as well as the Statute of Rome, Art. 8 (2)(b)(viii) which states:
"The Occupying Power shall not deport or transfer parts of its own civilian population into the territory it occupies.":
Wiki,
UN,
International Law on Occupation,
Al Jazeera,
Amnesty,
Amnesty,
B'Tselem,
YouTube Israel's destruction of homes in occupied territories such as the West Bank and East Jerusalem are illegal under international law, violating Article 53 of the Fourth Geneva Convention of 1949 which states:
"Any destruction by the Occupying Power of real or personal property belonging individually or collectively to private persons ... is prohibited, except where such destruction is rendered absolutely necessary by military operations.":
Fourth Geneva Convention (PDF) Others: Israeli former nuclear technician turned whistleblower was lured to Italy where Mossad drugged and abducted him back to Israel for the trial that was held secretly behind closed doors. He spent 18 years in prison, including more than 11 in solitary confinement. Says he suffered "cruel and barbaric treatment" at the hands of Israeli authorities while imprisoned because he was Christian. After his release in 2004, he was subjected to a broad array of very strict restrictions on his speech and movement (1986):
Wiki,
Youtube,
NYT,
Guardian,
CNN,
Wired,
Telegraph 2nd Intifada, 12 yr old boy shot dead, father severely injured (2000):
CNN,
Twitter Breaking the silence - targeting civilians with grenades and machine guns during the 2nd Intifada (2000):
YouTube 5 Israelis working for an Israeli Company "Urban Moving Systems" were arrested on 9/11 after being seen photographing and celebrating the attack on the WTC. Owner of the company fled to Israel after the incident. FBI still lists him as a 9/11 suspect but Israel refuses to extradiate him (2001):
9/11 War by Deception,
YouTube,
Forward,
NYT,
Haaretz Netanyahu caught on tape: "America is something that you can easily maneuver and move in the right direction" (2001):
YouTube Netanyahu lying during his speech at the US House of Representatives on Saddam Hussiens WMDs which doesn't exist (2002):
YouTube Advocating racial purity in Israel, Chinese workers in Israel sign no-sex contract (2003)
Guardian Tom Hurndall, a British Peace Activist, was shot in the head by an IDF sniper while he was helping Palestinian children flee from cross-fire in Rafah, Gaza strip. His killer was released from prison 2 years early of his 8-year sentence (2003):
Wiki,
BBC,
Guardian,
Evening Standard Rachel Corrie, American Activist who was run over by an Israeli bulldozer destroying Palestinian homes in Gaza (2003):
Imgur,
BBC New Zealand imposed diplomatic sanctions on Israel over an incident where 2 Australia-based Israelis, who were allegedly working for Mossad, attempted to fraudulently obtain NZ Passports by claiming the identity of a disabled man. 2 others, Ze'ev Barkan and David Reznick, are believed to have been the 3rd and 4th men involved in the scandal but they managed to leave NZ before being apprehended. NZ PM viewed the incident as "not only utterly unacceptable but also a breach of NZ's sovereignty and international law". The following year, Israeli foreign minister apologized for the incident. (2004)
Wiki,
NZHerald Breaking the Silence, testimonies from IDF Whistleblowers (2004):
BreakingTheSilence Not guilty, IDF Captain who empties his magazine on a 13yr old girl, says he would have done the same if she was 3 yrs old (2005):
Guardian Phosphorus and cluster bombs which is illegal under international law heavily used by Israel during the Lebanon war (2006)
Haaretz Israel celebrates Irgun Hotel Bombing (2006):
Telegraph Former Israeli Foreign Minister Shlomo Ben Ami: “If I were a Palestinian, I Would Have Rejected Camp David” implying that the
Camp David Summit Offer by Ehud Barak in 2000 was unreasonable and designed to be rejected (2006):
DemocracyNow Jewish National Fund (a charity) owns 13% of the land in Israel and stipulates that only Jews can buy, mortgage or lease their land. (2007):
Economist,
Wiki Operation 'Cast Lead', estimated 1391 Palestinians killed, 759 to be civillians, 344 children, 110 women 13 Israeli killed, out of which 10 are soldiers (2008-2009):
BBC,
Haaretz,
Haaretz,
Amnesty Israel admits using White Phosphorus during their military offensive on Gaza (2009):
France24 Palestinian who claimed to be a Jew after a consensual sexual encounter with an Israeli woman jailed for 'Rape By Deception' (2010)
[ABCnews](
https://abcnews.go.com/International/palestinian-claimed-jew-jailed-rape-deceptio Israeli Organization, Kav La Oved: "Israel owes billions of shekels to Palestinian workers" (2010) (Downloadable PDF File):
KavLaOved PDF Using Palestinian captives as human shields (2010):
Imgur,
Guardian,
Haaretz,
Haaretz Gaza Flotilla, Israeli Commandos raid 6 civillians ships carrying humanitarian aid and construction materials, 9 activists were killed, 10 Israeli commandos wounded (2010):
Guardian,
CNN Hashomer, Haganah, Irgun and Lehi which operated against the British Government and Arabs in Palestine used to hide weapons in synagogues, women's rooms and kindergartens. Something Israel criticises Hamas of doing today. (2011):
Haaretz IDF soldier caught kicking a Palestinian child (2012):
RT Hierarchy of the Human species according to Eli Ben-Dahan, Israel's former deputy minister of defense: Goyims (Non-Jews) placed below Homosexual Jews (2013):
Haaretz Israeli Trade Minister: "I've killed alot of Arabs in my life, there's no problem with that" (2013)
JPost IDF soldier posting an Instagram pic of a Palestinian clild in his rifle crosshairs (2013):
Guardian Ethiopian Jews injected with contraceptive birth control without their consent (2013):
Haaretz,
Independent,
Guardian In 2013, Israel awarded 'Genie Energy', an American Oil and Gas company, rights to drill in Golan Heights (Syrian territory occupied by Israel) despite international opposition. In 2015, Israel claimed a massive discovery of oil in the area, which Israeli officials reportedly believe could supply the country’s oil needs for many years to come. (2013):
Here are the prominent figures in Genie Energy's Board of Advisors:
Jacob Rothschild (British banker of the prominent Rothschild family), Dick Cheney (Ex-Vice president of USA), Rupert Murdoch (Billionaire American Media Mogul), James Woolsey (Ex-CIA Director), Lawrence Summers (Ex-Head of US Treasury), Bill Richardson (Ex-Energy Secretary of USA), Michael Steinhardt (Wall Street Trader, Investor and Hedge Fund Manager)
BusinessInsider,
TRTworld,
Yahoo Finance 4 boys playing soccer in an open beach bombed by an Israeli warship, a later report in 2018 then revealed that it was two missiles fired from an Israeli armed drone that actually killed the boys (2014):
NYT,
Intercept,
Haaretz,
Independent Israeli police officers beats up a 15yr old American boy a week after the boy's cousin was killed, no jail time was given to the officers (2014):
BBC,
TimesofIsrael Palestinian boy beaten and burned alive by Israeli settlers (2014):
Guardian,
Wiki Israelis cheering on the Gaza bombing (2014):
Guardian Statistics of Palestinian children killed in Operation 'Protective Edge' (2014):
Telegraph Avraham Shalom (Former Head of Shin Bet) compares Israel's Occupation to Nazi Germany's actions in WW2 towards the Czechs, Poles and Dutch (2014):
YouTube Killing Gaza: Documentary on war crimes committed by the Israeli Military, with direct testimonies and evidence from survivors (2014):
KillingGaza IDF beating up a Palestinian man who told them to stop firing tear gas (2015):
YouTube Eli Ben-Dahan, Israel's former deputy defense minister: "Homosexual Jews are superior to Gentiles (Non-Jews), a jew always has a higher soul than a gentile, even if he is a homosexual" He also says "To me, they (Palestinians) are like animals, they aren't human" (2015):
TimesofIsrael Israeli Foreign Minister says disloyal Arabs should be beheaded with an axe (2015):
WashingtonPost Israeli Radicals celebrate by stabbing picture of Palestinian baby that was killed in a firebomb attack (2015):
Haaretz Beitar Jerusalem, the most racist football fanbase in the world (2015):
YouTube IDF Soldier assaults and beats up Palestinian Shopkeeper as he was loading boxes (2015):
YouTube Former IDF Soldier Ido Gal Razon testifies to murdering people in Gaza (2015):
YouTube Israeli racist police officer assaults their own african soldier (2015):
YouTube Shir Hever, Israeli Economist: "78% of Palestinian aid money ends up going to Israel" (2015) (Downloadable PDF File):
ShirHever PDF Brooke Goldstein (Director of the Lawfare Project who has assisted in many lawsuits towards Palestinian activist groups) declared to enthusiastic applause at a meeting of key Israel lobby operatives in New York: “Why are we using the word Palestinian? There’s no such thing as a Palestinian person” (2016)
Video Many Palestinians including children are detained in Israeli prisons without trial or charges (2016):
Time,
Haaretz,
972mag,
B'Tselem Jewish Community Watch: "Israel becoming a safe haven for paedophiles worldwide" (2016):
Independent IDF Soldier throws disabled man out of his wheelchair after he attempts to help a 14yr old who was shot (2016):
Independent IDF throws stun grenade at unarmed Palestinians talking outside their home (2016)
YouTube IDF soldier laughs as Palestinian man is crushed at the gate (2016):
YouTube IDF killing a 15yr old Palestinian travelling home from a family outing (2016):
Guardian Report: Israel's repetitive destruction of EU-funded projects in Palestine (2016):
EuroMed Former Director of Mossad defends Israel providing aid to Al-Nusra Front (Al-Qaeda's Affiliate) in Syria (2016)
Youtube,
WSJ,
Haaretz Israeli Former Defence Minister says ISIS fighters apologizes to Israel after mistakenly launching an attack on IDF. Refused to comment on how they expressed their apology. Have since forgiven ISIS (2017)
Independent,
DailySabah Reports of Torture during custody from Palestinians held imprisoned without charges or trial (2017):
Haaretz IDF Veteran: "I was the terrorist" (2017):
YouTube Israel seizes solar panels donated to Palestinians by the Dutch govt (2017):
Independent Israelis speak candidly about Palestinians to Abby Martin, includes lots of racism (2017):
YouTube Gaza: World's Largest Open-Air Prison (2018):
NRC Sentence to 9 Months after killing 2 unarmed Palestinian teens (2018):
972mag,
WashingtonPost Unarmed protestor holding flag shot by live bullets (2018):
YouTube Unarmed protester shot in the head during the protest (2018):
Gyfcat IDF assaulting medics and injured protesters (2018):
Gyfcat Abdullah Shamali, was shot while standing and talking with his friends 700 metres away from the fence (2018):
Twitter Muhammad Ayoub, 15yr old was shot in the head while running away from the fence (2018):
YouTube Mentally disabled man shot in the back of his head as he was walking away (2018):
Haaretz Elderly man waving a flag and a medic got shot at by a live round (2018):
Gyfcat Shot dead for waving flag (2018):
EgyptToday Medic shot dead by an IDF sniper (2018):
WashingtonPost IDF edits video of Palestinian Medic who was shot dead by them to misleadingly show that she was a human shield for Hamas and justify her death (2018):
Independent,
BuzzFeed Canadian Doctor shot by IDF sniper (2018):
CBC Israeli Border police throws stun grenade at a Palestian couple and their infant baby as they were fleeing (2018):
YnetNews IDF Snipers cheering as they shoot an unarmed Palestinian (2018):
Guardian Similar incident, cheering after shooting a Palestinian (2018):
Guardian "Nation State" Law gives Jews exclusive rights over Arabs living in Israel (2018):
Guardian List of active discriminatory laws in Israel:
Adalah Did you know that 97% of drinking water in Gaza (under Israeli control) is contaminated? (2018):
Haaretz IDF Soldiers shooting tear gas into a Palestinian school (2018):
Haaretz Israeli settlers beating up Palestinian farmer in front of his children (2018):
Haaretz Former Chairman of Israel Labour Party says relationships between Jews and Non-Jews are "an actual plague" (2018):
Twitter 4 year old child dies 4 days after being shot by the IDF while protesting (2018):
Reuters,
PressTV An alternative view, Palestinian Christians on Israel (2018):
Youtube Chief Rabbi calls black people "monkeys" in his weekly sermon (2018):
TimesofIsrael Israel's Supreme Court rejects legal challenge on the military's rule where soldiers can fire on UNARMED protesters (2018):
APNews Mohammed Tamimi, 16, who was shot in the head by Israeli forces held in prison for 2 days without explanation (2018):
Haaretz,
Haaretz Most demonstrators shot by the IDF with live rounds are unarmed and not in immediate vicinity of the perimeter fence (2018):
B'Tselem IDF edited out key footage of Gaza missile strike which killed 2 Palestinian teenagers (2018):
Youtube,
972mag,
B'Tselem Multi Award-winning short documentary on the occupation of Gaza (2018):
YouTube What if your whole family was being forcefully evicted from a home you lived in since 1948 to make way for new settlers? (2019)
Haaretz Palestinian Boy on the way to school shot in the head by Israeli Police (2019):
Haaretz Video of war crimes screened at UN Human Rights Council (2019):
Youtube Top Rabbis in Israel defending and calling for donations to an Israeli charged with killing a Palestinian woman (2019):
Haaretz,
Haaretz PART 2, 3, 4 & 5 CONTINUED IN COMMENT SECTION BELOW submitted by So, probably not the most extreme of fuck ups on this subreddit, and with everything going on in the world this isn’t nearly that big of a problem, but it’s been enough to make me want to smack myself in the forehead a couple times.
Today I was browsing a website that sold body jewellery. Namely nipple jewellery. Now keep in mind, I don’t actually have my nipples pierced. With the whole COVID-19 thing going on ain’t much is happening on that front, but when it’s legal to go outside and do stuff again you can bet you’ll find me at a piercing shop.
I’m browsing, and I find some pieces I like. “Great!” I think. “Ooh they’re on sale too! This is awesome.”
And in the first of dumbass decisions, I decide to purchase said jewellery with the whole “I don’t have em pierced now but I will and this will be great incentive!” (I have poor impulse control, I know)
Total comes to 27 dollars. Awesome, not too bad, it’s decent jewellery and it doesn’t break the bank. I spend a little bit of time thinking it over and then I’ve convinced myself. I’m just gonna do it.
Enter my credit card details in. Click. Done. Confirmation email recovered. I’m pumped, excited to get my new purchases. Even though I know I won’t be able to wear them for a while, it’s still something to look forward to. I go to check my bank account to see if it’s all gone through.
MY CARD HAS BEEN CHARGED 40 DOLLARS BECAUSE MY DUMBASS DIDN’T SEE THE STORE WAS IN THE STATES. I’M IN CANADA AND NOW I HAVE TO PAY THE EXCHANGE RATE.
Please keep in mind I have never bought anything from outside of Canada before and I freaked out thinking I had completely fucked up my credit card and I was screwed and my credit score was going tank and the Canadian fbi would be knocking on my door questioning me about my nipples. After being talked down by my cousin I realised none of those things would happen, but I still have to live with myself and my plain stupidity.
God I’m so stupid sometimes. But at least I have some nice jewellery for piercings I don’t have.
TL;DR I bought nipple stuff from the USA and got charged more than I thought because I live in Canada, then I freaked out thinking the Canadian FBI was gonna come get me.
submitted by [ Removed by reddit in response to a copyright notice. ]
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