Precautions for startups On our daily life we listen or read about the startups got funding or facing the loses despite of working very hard to success the company many startups still get shut down , alone in India 2024 the number of startups shut down are 5000 If you don't want see your startup name in this list , please continue to read this blog 1. Not to mention this is important , Funding Funding is the lifeblood of startups, but not all startups manage to secure consistent financial backing. The rush for growth often leads to reckless spending, leaving companies stranded when investors pull back. Example: TinyOwl, a food delivery startup founded in 2014, raised $27 million in funding but struggled with cash burn. The startup’s inability to optimize operations and control costs led to layoffs and eventual shutdown in 2016. Despite an innovative idea, the lack of financial discipline and a sustainable business model proved fatal. To known more Search ; onlybuziness.in
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