Ramakrushna Barik

2024-04-01T12:51:02.036Z

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 growth) • Excess expenses on Ads , Team , etc ( ex: byjus) • Inconsistent improvement along with Time and generations ( most common ex: Nokia ) Let Me know more main reasons: 💬