
Saastr compiled a list of 9 signs that a startup will shut down.
Nine signs are redundant, but apparently publishing a list of 2-3 signs is not respectable on a serious website, but in a Telegram blog it is, so I'm shortening the list to the coolest ones.
1. The founder's understanding of the market/customer does not deepen.
This is such a well-formulated requirement that I will adopt it in accelerator screenings. If a startup is working in the right direction, understanding of the market and the customer should be present and develop.
2. Too slow
A very abstract but important criterion. If a startup tests hypotheses too slowly, if it doesn't move, then maybe it will have a cool product, maybe they will even launch something, but most likely they will be destroyed by more active competitors.
3. Not controlling spending (Burn Rate)
The investments a startup receives are intended to carry it to the next round, completing all tasks of the current one. The founder must clearly understand what investors expect by the next round, what he needs to do, and how much it costs.
If you recognized yourself in one of the three points - it's time to change something. And I'll go hurry up so as not to fall under the second sign.
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