Learnings from Failure – Infographic

A study was conducted by CB Insights by analyzing more than 101 startup failure postmortems to find out the top reasons for startup failure.

The top 3 reasons found to be a part of failing startups were – The Absence of a Market, Running out of Cash & a Wrong Team. These indeed are the 3 most important components of running and growing a startup (along with having a Business Model, which ranks at no. 6).