Top Ten Reasons Why VC-Backed Companies Fail

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  1. Not learning from your mistakes - "we can learn to better learn"
  2. Obsession with the wrong enemy.
  3. Groupthink.
  4. Midas-touch-syndrome.
  5. Founder CEOs who have all the answers.
  6. They focus on revenues instead of profits.
  7. Too niche a focus.
  8. 90% of VCs do not add value.
  9. Too many cooks in the kitchen.
  10. The Founders Have Never Failed Before.
Source: forbes.com →

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