Everyday teaches a lesson in startup land. We will share our leanings as well as of our guests, customers here.
The startups can be classified into five different categories.
No startups want to record their name in the failure list but still, 75% of venture-backed startups fail according to an article published by a company named fast company. This statistics is studied by Shikhar Ghosh based on a Harvard Business School. The failure rate of US companies after 5 years was over 50% and became 70% after 10 years.After doing numerous research and post-mortems reports published by various venture capitalist firms and they found the failure reasons primarily classified into two categories.These are: The first one is company level mistakes. The second is management or leadership level mistakesLets discussed what is a company level mistakes and how these startup companies are doing such mistakes in the pre or post stage of their startup launch after analysing the post-mortems of 101 companies by CB insights.