Startup failures up by 60% as founders face hangover from boom years

Posted by jmsflknr on Monday August 19, 2024 @12:08AM
from the ft.com dept.

https://www.ft.com/content/2808ad4c-783f-4475-bcda-bddc0299095e

( 8 comments | on HN )

Re:Startup failures up by 60% as founders face hangover from... by jmsflknr on Monday August 19, 2024 @12:12AM (#41287748)

https://archive.ph/tiIdC

[ Parent | on HN ]

Re:Startup failures up by 60% as founders face hangover from... by a1enok on Monday August 19, 2024 @12:53AM (#41287918)

I still remember a few founders I knew back in 2020. We'd chat, and they'd tell me how they just raised 6-7 figures with such a half baked idea minimally functioning product. I could never quite understand how an angel or VC could've been duped into it. Really make me lose respect for some of these investors (though I know, not all are this dumb). As expected, these startups went nowhere and these founded went right back to their day job or to another half baked startup. These times are indeed over, and I salute that.

[ Parent | on HN ]

Re:Startup failures up by 60% as founders face hangover from... by crooked-v on Monday August 19, 2024 @01:03AM (#41287960)

How much of it is just not having 0% loans anymore?

[ Parent | on HN ]

Re:Startup failures up by 60% as founders face hangover from... by carloswu on Monday August 19, 2024 @03:50AM (#41288801)

This is my entrepreneurial product, a great AI assistant. Please take a moment to check it out: ilingban.com

[ Parent | on HN ]

Re:Startup failures up by 60% as founders face hangover from... by jamesblonde on Monday August 19, 2024 @04:41AM (#41289111)

Funny that you have 'ban' in the name. #dang.

[ Parent | on HN ]

Re:Startup failures up by 60% as founders face hangover from... by carloswu on Thursday August 22, 2024 @09:46PM (#41325641)

"That's right, we don't ban fun! "

[ Parent | on HN ]

Re:Startup failures up by 60% as founders face hangover from... by carloswu on Monday August 19, 2024 @03:53AM (#41288829)

https://ilingban.com/?from=ycombinator

[ Parent | on HN ]

Re:Startup failures up by 60% as founders face hangover from... by SCJB on Tuesday August 20, 2024 @11:24PM (#41306491)

I blame the investors making bad bets based on FOMO.

[ Parent | on HN ]