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
Co-Founder, Adjuva L... • 7d
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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Why Do Startups Fail? 💔📉 this is what statistic says(globally)
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1️⃣ Ran out of cash / failed to raise funds – 38%
2️⃣ No market need – 35%
3️⃣ Got outcompeted – 20
Fact#02
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I have thought of an idea.
An app that has various sports like cricket, football, etc...
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