Why Startups Fail: Run Out Of Cash, Run Out Of Commitment
| February 29, 2008 |
One thing I've been pondering this weekend is figuring out why startups fail. But, in order to figure that out, I had to first decide what constitutes failure. The more I thought about it, the more I realized that a definitive failure is when the startup simply stops trying. And, the only reasons to stop trying are that you run out of cash, or you run out of commitment -- or both.
by Dharmesh Shah
Full Story: http://onstartups.com/Home/tabid/3339/Default.aspx
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