Startup Failure Rate and 80+ Other Startling Statistics About Startups
A great piece of research on startup statistics and trends:
Some highlights:
Startup Failure Rate Statistics
- Incompetence, at 46%, is the most common reason why businesses fail, according to a Statistic Brain study.
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The percentage of startups that fail after four years in the U.S. is over 50%.
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CJ Note: see the details – so you can avoid the cliched, and incorrect meme: “90% of all startups fail”
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65% of entrepreneurs admit they were not fully confident they had enough money to start their business.
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Of the startups surveyed, 58% started with less than $25,000 and one-third started with less than $5,000.
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71% of surveyed U.S. startups have successfully raised capital in 2018.
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In 2019, 52% of U.S. startups expect their company’s next source of funding will be venture capital.
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San Francisco and Silicon Valley account for 13.5% of global startup deals.
For more interesting facts and statistics about the startup landscape in 2019, check out SmallBizGenius’ comprehensive study and infographic.
Some highlights below:
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Startup Failure Rate and 80+ Other Startling Statistics About Startups.