The studs over at Visual.ly have created another major mind-bending infographic – this one based on the research from the Startup Genome Project. The title is “Why Startups Fail“. That should get some readership. I can’t stop looking at all the segments.
Like any great infographic – there is much to consume but there is major thread that is worth thinking about every day if you are a startup entrepreneur: premature scaling.
Too much money too soon at too high a valuation with too few customers at the right time (discovery vs validation phase) are all indicators of a firm that is scaling too fast without the right understanding of their product in their target customer market.