Flaky founders. Running out of cash. Wantrepreneurs at the helm instead of entrepreneurs. Pressure from "friends", family, etc to chase after the cubicle wit

Flaky founders. Running out of cash. Wantrepreneurs at the helm instead of entrepreneurs. Pressure from "friends", family, etc to chase after the cubicle with fluorescent lighting rather than the apparently riskier start-up. Fear. Realizing the idea isn't as good as was originally thought and moving on to greener pastures. Lack of technical expertise to get the product ready. Regulatory restrictions that prevent the idea from moving forward. Crappy credit that prevents the founders from being able to accept card payments, or worse yet, being in a jurisdiction where payment solutions are stuck in the stone age. Most grim: death of a founder. However ... a lot of these start ups appear to have just changed their name, been acquired, or otherwise pivoted into something new, which makes it look like hundreds of millions have been poured into companies that have just disappeared. They may not have updated their Crunchbase profile either, so I'm not sure how much stock I'd put in the stats, but I do think it's true that a lot of start-ups fizzle out before they even begin.