Why Startups Fail

Some of these excerpts from startup failure postmortems and see if you can figure it out:

  • Cusoy: “Ultimately it was difficult for me to generate money from [Cusoy].”
  • Everpix: “The bills were starting to come due, and there was no money to pay them.”
  • Sonar: “Enterprise companies should validate demand by asking customers to put their money where their mouths are.”
  • Outbox: “We would lose money for each additional customer we gained.”
  • Teamometer: “If they are willing to buy, do take their money and invest that money into building the product.”

Ultimately boils down to making money from your customers. No customer. No money. No business. Link


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