To anyone who thinks failure is a must for startup success: Companies typically die around 20 months after their last financing round and after having raised $1.3m, according to a study by the analytics firms CB Insights titled The RIP Report – startup death trends. Failure is difficult to quantify because it does not necessarily mean liquidation. Many startups limp on for years, ignored by the market but sustained by founders savings or investors. “We call them the walking dead,” said one manager at a tech behemoth, who requested anonymity. “They dont necessarily die. They putter along.” theguardian/technology/2014/jun/28/silicon-valley-startup-failure-culture-success-myth
Posted on: Mon, 30 Jun 2014 04:47:04 +0000
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