The first reason for the failure of technology companies to start a business is untimely expansion

Source: Internet
Author: User
Keywords Reason
Sina Science and technology news Beijing time September 1 noon, according to the U.S. Science and Technology blog Business Insider Wednesday reported that four entrepreneurs and Stanford University, UC Berkeley and the scientific and technological influential figures together to explore the reasons for the failure of emerging technology companies.  They studied 3,200 emerging technology companies and presented a 67-page genome report on emerging technology companies (Startup genome). According to the report, about 70% of the 90% start-ups in emerging technology companies failed because of their premature expansion.  This is also the leading cause of the failure of start-up technology companies.  The leader of the research project, TechCrunch of the American Science and Technology blog, said that emerging technology companies proved that their market value was 2-3 times longer than the majority of its founders, and that sometimes being too hasty could lead to an untimely expansion. In other words, emerging technology companies are destroying themselves, and their exits are not the result of rivals. (Puma)
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