They are not kidding when they say there is too much careful consideration needed when involved with a start-up company. When you are looking forward to running a start-up business, you are in for a gamble. If you are not smart enough then you will end up with the many failures – failed startups.
The root cause of these failed startups can be from financial fraud to just running out money. There has been much of failure on the brain recently; it is partly because there is a good counterbalance to the typical survivorship bias-laden stories. Also; because understanding failure is critical to the algorithms underlying our product.
But, today we provide with this information, as the last thing we want is our young entrepreneurs to make the same mistake. Presenting you with post mortem reports of 20 failed startups lessons, so that you not make the same mistake.