Tech Startup Marketing: 9 Disciplines for Success image
Startup success stories are more prevalent than ever with the top GAFAM technology brands (Google/Apple/Facebook/Apple/Microsoft) dominating the news, followed by hundreds of startup $1+ billion market cap Unicorns (a record 700 Unicorns in 2021), along with record IPO activity now fueled by special-purpose acquisition companies (SPACS). Yet the failure rate of startups continues to hover at 90% including a 20% failure rate in year 1. Also consistent with the 90% failure rate is the 10% success rate of startups that succeed after 10 years according to Investopedia. Fortune magazine published a study on startup failures that identified the Top 20 Reasons as stated by the founders. “No Market Need” ranked as the Top Reason for failure at 42%, followed by ...
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