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.
1 comment
[ 5.3 ms ] story [ 15.5 ms ] thread1. 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.