The Real Reason Why 80{0e584ec94eaa64d073763ee1dc286a1f4d0f941424b1448bbfd01af7d90f9475}+ of Funded Startups Fail

{}A friend confessed to me the other night that his funded startup had failed. “It was growing,” he said. “We were getting customers. We just weren’t getting them fast enough to continue getting funding.” This is a familiar refrain with startup founders, and I personally know several founders whose businesses fit this bill (including my last funded company.) They have a business that works, with customers. It just doesn’t fit the ridiculous growth profile that most VC’s (venture capitalists) expect. That’s the untold story…
Article by Starting Your Own Business with Erica Douglass. Read entire story here.