According to Startup Genome, only one in twelve startups succeed in the long term—a success rate of about 8%. So why do 92% of startups fail? According to research by Genome, compiled into a Visual.ly infographic below, timing is key.
Startups are facing different growth stages: discovery, validation, efficiency, scale, sustainability, and renewal. Premature scaling in the areas of customers, products, team, business model or funding, reduce significantly the changes of success of a startup.