The rate of failure for startups can vary depending on industry and location. However, it is widely acknowledged that a considerable percentage of startups do not survive beyond their initial years of operation. Professor Shikhar Ghosh from Harvard Business School conducted research and found that approximately 75% of startups fail.

Several factors commonly contribute to the failure of startups, including:

A lack of market need or a failure to establish a product-market fit.

Depletion of financial resources or insufficient funding.

Poor management or leadership practices.

Ineffective marketing or sales strategies.

Ignoring or misunderstanding customer feedback.

Inability to adapt or pivot in response to changing market conditions.

Failure to recruit and retain a skilled and committed team.