Startups Experience High Rates of Failure through the Years
by Lauren L. on Jul 10, 2014 | Views: 115 | Score: 1
| Percent of startup failure from the 1st year through the 10th year | |
|---|---|
| Year 1 | 25 |
| Year 2 | 36 |
| Year 3 | 44 |
| Year 4 | 50 |
| Year 5 | 55 |
| Year 6 | 60 |
| Year 7 | 63 |
| Year 8 | 66 |
| Year 9 | 69 |
| Year 10 | 71 |
%
Sources:
statisticbrain.com
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Running a successful startup is one of the most difficult things an entrepreneur will ever do. And while most things grow easier and get better with time, this does not hold up in the case of startups. Rather, in the decade after their creation, the 10th year is where more than 70% of startups fail.