Four entrepreneurs teamed up with Stanford, Berkeley and tech influencers to learn why startups fail. They studied 3,200 startups and came away with a 67-page Startup Genome Report. In 90% of failed startup cases, 70% failed because they scaled prematurely. "Startups need 2-3 times longer to validate their market than most founders expect. This underestimation creates the pressure to scale prematurely," a lead researcher tells TechCrunch.
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Author:Alyson Shontell
