The Data
I've invested in 127 companies. 89 failed. Patterns emerged.
Failure Pattern 1: Founder Conflict
Frequency: 31%
Co-founders who don't resolve disputes early.
Failure Pattern 2: No Product-Market Fit
Frequency: 27%
Built something nobody wanted.
Failure Pattern 3: Ran Out of Money
Frequency: 24%
Poor financial planning or inability to raise.
Failure Pattern 4: Got Outcompeted
Frequency: 18%
Bigger player copied and dominated.
My Investment Criteria
I screen for these patterns before investing.
Data doesn't lie.
Stop it. I don't need more anxiety about whether we'll fail.