Why Startups Fail

In this first episode of Season 3, Mon-Chaio and Andy welcome listeners back and dive into the theme of 'The Turnaround'. They analyze reasons why startups fail, discussing both proximate and distal causes. They explore insights from multiple research reports, studies, and personal experiences to paint a comprehensive picture of startup failure scenarios. Topics include common failure reasons like running out of cash, flawed business models, wrong people, false starts, and external factors. Let them know your feedback about which topics you're are most interested in for future episodes!

References:

• Demography of Startup Software Companies: An Empirical Investigation on the Success and Failure
• Success criteria in high-tech new ventures
• The Top 12 Reasons Startups Fail
• 483 startup failure post-mortems
• Why Start-ups Fail
• A Study on High-tech Startup Failure
• Failure of Tech Startups: A Systematic Literature Review
• Systematic literature review of critical success factors of Information Technology startups
• Conventional Wisdom Says 90% of Startups Fail. Data Says Otherwise