Question
I've read several materials on startup failures including posts by Paul Graham and Steve Blank on the topic. I'm curious what other reasons aside from lack of customer development, product market fit and co-founder problems. Anything to add? Thanks!
Answer
Startups could also fail as result of certain external factors that are beyond the control of the entrepreneur. It is quite comfortable to put the blame on the entrepreneur but it will be unfair if a failure analysis indicates that external factors were responsible for the failure.
