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“In entrepreneurial finance, the asymmetry between what needs to be backed and what actually gets financed—often driven by purely speculative expectations—is truly remarkable. Case in point: CB Insights has been doing an admirable job publishing its "mortality reports," analyzing why some of the most promising and heavily vetted startups fail. And for years, the number one reason for failure among VC-backed startups has remained the same: There was no market need.” — Victoria Silchenko
In entrepreneurial finance, the asymmetry between what needs to be backed and what actually gets financed—often driven by purely speculative expectations—is truly remarkable.
Case in point: CB Insights has been doing an admirable job publishing its "mortality reports," analyzing why some of the most promising and heavily vetted startups fail. And for years, the number one reason for failure among VC-backed startups has remained the same:
There was no market need.