Why so many indian startups fail with in one yr?
I wonder why so many indian startups fail with in one yr?
Is it because of lack of commitment ?
Lack of innovation?
It could be either misplaced motives or team harmony. I think later is more detrimental to any startup. Team is its DNA. As time goes people realize that this is not what they really wanted and 'execution' is key to every single step. This realization sometimes kills motivation. Seed Funding Exploitation has helped lot of people to get into entrepreneurship but markets don't care whether you've funding or not.
And that's good too. There is no point continuing on mission when your heart is not into it.