Reasons Why Most Startups Fail And What You Can Do To Make Sure Yours Doesn’t
There are many reasons why startups fail. One of the most common reasons is that the startup doesn’t know the product/service market need or founders don’t have a clear purpose or mission. Without a clear focus, it’s easy to get sidetracked and lose sight of what’s important. Additionally, many startups don’t have cash or a solid business model. They may not have enough revenue to sustain their business, or they may be spending too much money on marketing and advertising. Finally, another reason why startups may fail is because they’re not able to scale their business quickly enough. If they can’t keep up with the demand, they’ll likely fall behind and eventually go out of business. Checkout below list of top reasons as per statista research of 2022 on 101 startups.
Also read about..
Berlin’s Visionaries Club Has Launched Two New €40 Million Seed Finances
China’s Based Black Lake Technologies Generates $77M To Give Digital Look to Factories
Clearbanc Rebranded As Clearco Raises $100M To Change The Face Of Fundraising
Cloud-Based Insurance Tech Startup Bolttech Raises $180 Million, It Brings Total Value $1b
Dallas-based LTK Raises 300M In Funding Round Led By Softbank Vision, Now Its Total Valuation 2B
Drivenets has Closed a $208M Series B Fundraising Round, Its Valuation is Now $1B
DroneDeploy Raises $50 Million In Series E Financing To Analyze Visual Data With Drones
Golden Raises $40M Funding Led by A16z For Web3 Data Protocol Golden
Gourmey Grabs $48 Million To Keep Working On Lab-Grown Foie Gras
Horizon Capital Raised $250M For Ukraine Funds Which Was Facilitated By Ukraine President Zelenskyy
New York Based Startup Firm Forter Raises $300M At A Total Valuation Of Over $3B
Oyster Raised $20 Million For Its HR Platform A Series
Path Robotics raises $56 million to create the manufacturing of tomorrow
Patsnap Gets Funding of $300M Led By Softbank Vision Fund 2
Pie Insurance Gets $118 Million In Funding For SMBs
Pipe Acquires $250M at a $2B Valuation to Broaden its Financing Capabilities
President Zelenskyy Joins As Horizon Capital Launches $250M, Ukraine-Focused Fund
SaaS Management Platform Torii Raised $10M Series A Funding Led by Wing Venture
Seattle Startup Icertis Raises $80M Fund, It’s Valued at $280M
Selfbook Funded $25M In Series A To Ease “One-click” Hotel Payments
SeQura Generates €150 Million To Expand Its BNPL Customer Support To The International Marketplace
Singapore Based Insurence Firm Bolttech Earns $180M, Funding Round Led By Activant Capital Group
Texas-based LTK has Raised $300M At A $2B Valuation Led By Softbank Vision Fund
