why do startups fail?
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An incredibly common problem that causes startups to fail is a weak management team. ... Weak management teams make mistakes in multiple areas: They are often weak on strategy, building a product that no-one wants to buy as they failed to do enough work to validate the ideas before and during development.
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Surprisingly, money-related issues were the most common reasons the funded startups failed, with a combined 40% citing running out of cash or a lack of funding as a reason for failure. On the other hand, only 28% of startups without funding blamed a lack of funding or running out of cash for their shutdown.
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