Startup failures up by 60% as founders face hangover from boom years

https://www.ft.com/content/2808ad4c-783f-4475-bcda-bddc0299095e

by jmsflknr • 2 years ago

7 7 2 years ago

jmsflknr• 2 years ago

a1enok• 2 years ago

I still remember a few founders I knew back in 2020. We'd chat, and they'd tell me how they just raised 6-7 figures with such a half baked idea minimally functioning product. I could never quite understand how an angel or VC could've been duped into it. Really make me lose respect for some of these investors (though I know, not all are this dumb). As expected, these startups went nowhere and these founded went right back to their day job or to another half baked startup. These times are indeed over, and I salute that.

crooked-v• 2 years ago

How much of it is just not having 0% loans anymore?

carloswu2• 2 years ago

This is my entrepreneurial product, a great AI assistant. Please take a moment to check it out: ilingban.com

jamesblonde• 2 years ago

Funny that you have 'ban' in the name. #dang.

carloswu2• 2 years ago

"That's right, we don't ban fun! "

SCJB• 2 years ago

I blame the investors making bad bets based on FOMO.

Startup failures up by 60% as founders face hangover from boom years

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