There are many reasons for a startup to fail.
This post by Tom Fairey presents the seven that stand out the most in the many interviews of founders and investors he has conducted.
From not understanding the problem, overestimating the product, or spending too much time raising money, Fairey explores these paths in which many startups ended up.
It’s natural to be protective of something you’ve built. You’ve probably poured more metaphorical blood sweat and tears into it than anything in your life and it’s now essentially a Horcrux. But not being able to accept feedback and criticism will break your business. Apple updates its software constantly and Blackberry belligerently stuck with the keyboard. Who won?