*Somewhere there's a champion guy who has been involved in more costly startup failures than anybody else in the world. He's probably a really rich guy.
Is there anybody with the heart to read through all 111 of these
*Somewhere there's a champion guy who has been involved in more costly startup failures than anybody else in the world. He's probably a really rich guy.
Is there anybody with the heart to read through all 111 of these
For those who’ve been reading, we’ve had failure on the brain recently.
Why? Partly because it’s a good counterbalance to the typical survivorship bias laden stories we read, and also because understanding failure is critical to the algorithms underlying our product.
Some of the fail-related research we’ve issued includes:
The Downround Tracker
236 Startup Failure Post-Mortems
The R.I.P. Report – Startup Death Trends And Data
The 101 Biggest Product Failures Of All Time
The End Of The Acquihire — Silicon Valley’s Severance Package Falls Out of Favor
In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company.As you’ll see below, the reasons for failure are varied. But a few common threads do emerge, such as an inability to generate sustainable revenue, bad product-market fit, losing to competitors, and (of course) simply running out of money....