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Ask HN: Fast-forward 5 years, what are 3 reasons why your startup failed?
I stumbled upon this question in a casual discussion with friends few days back. While it sent a chill down my spine, it also made me think more about what important things I might be ignoring in my startup journey and what can be the real reason why my startup could fail. My top 3 reasons:
1. Bad (poorly measured) experiments in Growth and Product
2. Not catching up with the pace of the market
3. Not able to build and inspire an A+ team
What are yours? Would love to know what every entrepreneur has got to say.
- mindcrime 9y agoIf that happens, I think the reasons would probably be: 1. Choosing to stay self-funded for so long, and not being able to move as fast as competitors due to lack of resources. 2. Founders run out of energy/drive/passion after such a long go (we've already been at this for a while, mind you) 3. Not being able to figure out B2B sales well enough.