Based On what I have noticed, Reasons behind shutting down well funded startups: 📉
• Board Members dispute or improper management
• Lack of TAM
• The main point - Non sustainable business model ( most of startups couldn't monetize along with grow
Do u think that many people especially students are going for their own startups which will eventually lead to intense competition in the near future and people would have no ideas left to work on because the market will become very cluttered?
The number of startups and businesses emerging in the Indian market has been steadily increasing over the past few years. However, a significant portion of these new ventures struggle to survive due to intense competition from established brands with
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Too many brands misunderstand who they’re competing against.
•Netflix's biggest competition is sleep.
•Nike's biggest competition is the couch.
•Spotify's biggest competition is silence.
Your competition isn't another company.
It
