Reasons Why Startups Fail
Curated by Kurt Braget
no market for service or product
poor understanding of market, not all markets are the same
poor value prop
Failure to obtain access to market
poor entry strategy
No business plan
Failing to get out of the building and talk to users about their pain points and your solutions until pupils dilate.
Being distracted by things that are nice to do.
Overbuilding, undershipping, undertesting.
more thinking than doing
Not monomaniacal enough about the problem.
Can't persuade users, investors, partners, cofounders, employees, potential cofounders, potential hires.
Relies on a network effect to succeed
Product turned out to be a feature
Product piggy-backed off another product to succeed
Product had too many VC-backed competitors
Catered to consumers, instead of businesses