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
Bro start-ups are meant to compete, if there is intense competition then there are reasons behind it, which I mentioned
0 replies1 like
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DRAGON!!
We know unicorn startup is a startup whose valuation is 1 billion dollars or more. Dragon start-ups are the startup who have raised 1 billion dollars or more. Very few start-ups are dragon.
( Byjus was one of them )
