Infographic: Top 10 Startups Failures of 2017 - IQVIS Inc.

Infographic: Top 10 Startups Failures of 2017

Over 100 million new businesses are founded every year worldwide. However, 90 percent of the new businesses fail within a couple of years.  There are a number of reasons behind their failure but the majority of people tend to believe that startups fail due to of lack of funding (which is not true).

There are a number of factors that contribute to their success and failure. For example, failing to understand the market needs, undervaluing competitors, failing to upgrade product, liabilities exceeding the assets and putting a high price tag.

The best thing about startups success or failure is ‘the lesson’. Team IQVIS has designed an infographic, listing down 10 of the best-funded companies to close in the first nine months of 2017.

4 Reasons Why a Startup Product Launch Can Fail

These companies raised a combined capital of $1.7 billion from banks and venture capitalists, yet, they failed to survive for one or the other reason. The infographic provides a brief description of the company, the amount of capital it raised, and primary reason behind the failure.

(Don’t forget to share it with your friends, colleagues, and social networks).

10 of the most-funded startups to fail in 2017


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Comments (3)

[…] out of ten startups fail, but it doesn’t mean that you should back off from your dream. Launching own business is a dream […]

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Thanks a lot for the significant information. These pieces of advice will help me to find out the perfect way to create a successful app. Check out another article which provides similar material:

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