Prepared for Greg | Delivered January 13, 2020
Start-Up Tech Software Business Research
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To obtain data and insights on the percentage of tech startups that fail, why, and at what stage for an article on the topic.
It is believed that approximately
90% of startups fail
According to Forbes
97% of "consumer hardware startups"
die or become "zombies."
Another report says that
70% of tech companies fail
One of the reasons they fail is the
absence of a market need
for the product or service. They are not solving any of the problems in their market.
Another reason for failure is the
is not meeting a need.
A third reason is not having the
to work with the team.