Why Do Startups Fail?

I came across a March 2015 TED talk by Bill Gross, founder of the business incubator Idealab. He set out to identify the “single biggest reason why startups succeed” (or fail). To do so, he conside…

Sourced through Scoop.it from: innovationobserver.com

First, figuring out what consumers want and need still remains the first thing to do for any startup to succeed. Second, accelerators/incubators (such as Idealab) can help startups hone their business proposition; yet they can’t prevent them from failing for other– often unexpected–reasons. That’s why startups continue being a risky business.

See on Scoop.itCrowd Funding, Micro-funding, New Approach for Investors – Alternatives to Wall Street

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