Infographic: 16 Reasons why Software Startups Fail
The venture fund Y Combinator presented an infographic "Chronology of failure". It reveals which rakes are most often stepped on by young IT entrepreneurs.
In 8 out of 10 cases, startups face the following problems:
- Absence or lack of mentors;
- Weak business model;
- Weak management team;
- High spending rate;
- A small market.
Read more on the infographic below:
A source: http://technode.com