Only a Tiny Fraction of Start-ups Get VC Funding
VC, PE & External Funding
Nov 20, 2024
Found this interesting infographic. Not sure how accurate it is but the point is clear: only a tiny fraction of start-ups get VC funding.
According to this article https://lnkd.in/e7BbgQBU there are around 78K startups in the US, India follows with 16K, followed by yep the UK with 7K startups. Other EU markets have around 2K each.
90% of all startups fail, we know that!
>50% failed because of lack of product demand (34%) or marketing problems (22%)...
So getting some kind of reliable feedback loop in place for product-market fit before you run out of money should be priority goal