TechinAsia wrote an article about how tough it is to be technology start-up. Based on numbers from a selected few active investors of early stage companies, they categorised and summarized the the companies’ current status. The key take away message of the article is: if you want to make boatloads of money, trying to create a true game-changer won’t be the most likely way to succeed. While the scenery has become less gloomy, it’s still true that if you want to do a startup, your reason for doing it should be to create new value and navigate uncharted markets.
Read more: These numbers will remind you that doing a startup is brutal
