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Purushotham Dharmavaram
•

Self Employed • 7m

why do most start-ups fail?

lack of funding

lack of PMF

Not having the right team

poor marketing strategy

Votes: 651

Medial User

Hey I am on Medial • 7m

It may depend upon the stage. All are applicable, but at different levels. My last venture failed because, I wasn't able to make the right team. But later I discovered it was not PMF but I was able to scle it to 1Cr PA. However, if I had funding, I could have pivoted. But then my marketing was also not good, because, I was alone carrying all the weight and may be the exceptional growth made me lazy.

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I was curious. How many entrepreneurs with an established companies with companies making 1Cr+ annually on this platform?

I love medial & using it.

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I knew a founder who got an offer to sell his company for 1Cr cash but he didn’t now its value nearly 0 It was a chat app, founder is a good sales guy but nothing more therefore he convinced a fool to invest 1Cr Cautions of things which you don’t

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Juhi bilarwan

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