Why startups fail

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Many startups build things people don’t want with the irrational hope that they’ll convince them otherwise.

When a startup shuts its doors, it is customary to write an essay that tells the rest of the community what went wrong, called a failure post-mortem. It’s estimated that nine out of 10 startups fail, which is why the technique has become so common as to be a Silicon Valley cliché.

 

 

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