☠️ Top 5 reasons startups fail: 1. Cofounder issues 2. Customers don’t want your product (& you run out of money) 3. Eng can’t ship fast enough 4. Investors have misaligned incentives 5. Employee attrition What else?
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Replying to @melissazmoore
Overspending. Viable product with steady growth isn’t enough, so raise a ton of capital and spend on hypergrowth, only to find company still only has steady growth and eventually run out of money.

May 23, 2021 · 1:57 PM UTC
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