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13 November

By Ahmed Mamdouh

Category: Infographic

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20 reasons could force your startup to halt

The infographic focuses on the key reasons behind the failure of most startups, where the failure to meet the market need emerged as the top reason.

A study by CB Insights revealed that most of consumer hardware startups stop, with 97 percent of seed crowdfunded companies fail.

Around 70 percent of tech startups shutdown at the end, noting that they usually halt after 20 months of fund raising.

Simply, the failure to meet the market need and running out of cash are the two key reasons among the 20 cited reasons for failure.

Ahmed Mamdouh

Ahmed Mamdouh is the head of the English Fundamental Analysis at D1stp.com, with 9 years of experience in the financial markets. Mamdouh holds a Master’s Degree in Economics from The American University in Cairo and a Bachelor Degree in Economics from The Faculty of Economics and Political Science, Cairo University.