Why So Many Startups Fail Miserably After Raising Money

Ideas and business models that fail consistently, but people still keep attempting

Jovan Cicmil
Entrepreneurship Handbook
5 min readJun 24, 2021

--

Image Courtesy of Author

Roughly 90% of startups fail. This statistic isn’t surprising, but the way many founders lunge into business, you would think that the failure rate is more like 2%.

--

--