The sentence is grammatically correct, but very confusing. "No one" is a commonly used phrase that usually is the opposite of "everyone." However, in this case what is meant is "there is no one failure," where "one failure" is a unit, not "no one."
That, in itself, wouldn't confuse most people, but inserting "or five, or even ten such" in between "one" and "failure[s]" breaks apart the actual unit of meaning, and makes it appear as though the other meaning is (nonsensically) intended.