I just shut down my startup. Here’s what I learned.

Matthew Volm
May 30, 2019 · 16 min read

Most startups fail. I’ve seen some statistics that show a 60% failure rate, others a 90% failure rate. The exact number doesn’t matter — what matters is that most startups fail, it’s the norm, the expected outcome.

But surely it wouldn’t be my outcome, right? I’d beat the odds, my startup would succeed and, better yet, I’d succeed on the first startup I founded — I’d beat the…