What are the reasons most companies don't get Funded in the Seed round ?
According to the Small Business Trends, these are top 10 reasons for failures in order of prevalence
1️⃣ Lack of product-to-market fit
2️⃣ Running out of Cash
3️⃣ Team Problems
4️⃣ Competitions
5️⃣ Pricing and/or Cost Issues
6️⃣ User experiences problems
7️⃣ No business models
8️⃣ Poor marketing
9️⃣ Bad customer communications
🔟 Market conditions
It is a useful checklist to consider before you ask investors for your project financing.
