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Top 10 Quiz

Posted by Mark Nelson on 17th June 2010 | Permanent Link

DevX.com has an article called Top 10 Reasons for Startup Failure (behind registration wall, sorry.)

If Euclid Discoveries either fails to find an exit strategy, or delivers a negative return on investment, which of the top 10 do you think are going to be the important ones that ruined the party?

  1. Some Projects Never Get Started In The First Place
  2. Founders Are Terrible Leaders
  3. Cumbersome, Complex Product that Never Comes Out of Development
  4. Poor Sense of Proof of Concept
  5. Founders Look for Funding but Get None
  6. Project Takes Too Long, Key Founders Move On
  7. Business Model Can’t Support Founding Team
  8. Founders Get Funding But Can’t Get the Product Right
  9. Product Can’t Find Market
  10. Founders Get Funding, Company Doesn’t Take Off, Founders Stall and Create Illusions

Personally I will vote for number 7 and 8 - do read the article for the full description.

Or maybe you think Euclid Discoveries will fail for a reason not on the top 10?