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A Smart Bear » Excuse me, is there a problem?
Saved by sari and
Startups don’t fail because they lack a product; they fail because they lack customers and a proven financial model.
Investors today don’t fund solutions that work; they fund business models that work.
In The Lean Startup (2011), Eric Ries argues that the main reason startups fail is because they spend far too long trying to build the perfect product only to launch, almost out of money, with a “perfect” product... that nobody wants.