Prepared for Greg S. | Delivered January 13, 2020
Start-Up Tech Software Business Research
To obtain data and insights on the percentage of tech startups that fail, why, and at what stage for an article on the topic.
It is believed that approximately
90% of startups fail
According to Forbes
97% of "consumer hardware startups"
die or become "zombies."
Another report says that
70% of tech companies fail
One of the reasons they fail is the
absence of a market need
for the product or service. They are not solving any of the problems in their market.
Another reason for failure is the
is not meeting a need.
A third reason is not having the
to work with the team.
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