Back
Poosarla Sai Karthik
Tech guy with a busi... • 2m
Startups are shutting down at a rate no one’s talking about loud enough. In the last 18 months, over 28,000 in India alone have gone silent. Globally, names like Zeen, Astra, Locale, Nikola, and EasyKnock are well-funded, hyped, and headline-ready are gone. Zeen raised $9M. Pandion pulled in $125M. EasyKnock raised over $450M. Nikola and other EV players collectively burned through billions before collapsing. Even early-stage AI startups in India shut down weeks after raising funds. The money is not just disappearing. It’s vanishing in the same patterns. Founders say the usual things. Couldn’t raise the next round. Burn was too high. Pivot didn’t land. Cofounders weren’t aligned. Market shifted. But here’s what that really means. They tried to scale before understanding their user. Hired before product-market fit. Sold a great story to investors but ignored the tough questions inside. Some fell in love with the product instead of the problem. Most waited too long to face what wasn’t working. Startups rarely die the day the money runs out. They start dying quietly months earlier when the founders stop being brutally honest with themselves.
Replies (1)
More like this
Recommendations from Medial
Download the medial app to read full posts, comements and news.