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Good read with some really interesting information, but I don't know that I agree with the way it implies that there's a single, defining reason for failure. Al
by awillen 6y ago
Good read with some really interesting information, but I don't know that I agree with the way it implies that there's a single, defining reason for failure. All of these things are intertwined - you can't get raise money if you don't have product market fit, and you can't bootstrap things if you aren't bringing in money. Team problems are tied into everything happening in the company. Tech problems are very much related to product market fit.
Like I said - good information, but I guess it's really the pie chart that made me feel like they were oversimplifying things.
- heavenlyblue 6y agoYeah, it’s sampling from a distribution where every company has problems in every one of those spheres they are mentioning, except only one of these issues will be the last one to finally finish the startup. So it’s more about sampling from what kind of issues are more prevalent in a startup rather than what kind of mistakes they will be making.