Why Do Startups Fail? 💔📉 this is what statistic says(globally)
Building a startup is tough, and here are the top reasons why they don’t make it:
1️⃣ Ran out of cash / failed to raise funds – 38%
2️⃣ No market need – 35%
3️⃣ Got outcompeted – 20
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Saket Sambhav
Adjuva Legal • 2m
Good points. I think #7 (Not the right team) is often underestimated. A strong team can cover many other challenges on this list. Conversely, even a great idea can fail with team issues.
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A. No Market Need...
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