leadership-header-2x

Press Coverage

Media Inquiries Contact:
Jeff Young, Vice President, Corporate Communications
PR@progress.com

Techstrong.ai

Scaling AI to the Enterprise

March 27, 2026

Many Entrepreneurs Go Astray In The Middle Of The Process To Create A Worthy Product

Dec 20, 2019, 19:27 PM
External url : https://www.trendingtopics.at/bulgaria/many-entrepreneurs-go-astray-in-the-middle-of-the-process-to-create-a-worthy-product/
Source Name : Trending Topics.bg
Date : Dec 19, 2019, 07:00 AM
More often, we tell the stories of startup successes. Yet, when we refer to statistics, it is usually related to the failure rates. According to CB Insights, 70% of newly founded companies fail 20 months after first raising financing, with the main reason being “no market need.” Startups are increasingly trying to gain market share and disrupt established leaders. At the same time, the number of new products that actually solve a problem somebody cares about enough to pay for is too low.