MainMediaLeta blog: Learnings From 20 Failed Seed Startups Uncovered By VC

Leta blog: Learnings From 20 Failed Seed Startups Uncovered By VC

27 November 2019
Theranos, Beepi, Juicero, Blippar, Jawbone, Wonga — if you are reading this blog post, there is a good chance that you enjoy your career in tech and know what is common about this list of weird names above — these are some of the biggest startup failures in history. One can easily find profound research papers and articles online about the reasons behind the biggest startup flameouts, including the ones above. Also, the Internet is full of shallow stories and “insights” about typical reasons why startups fail in general. While at Leta Capital we invest in Seed and Series A startups, I was searching on the web for some good exemplary stories about startup failures at Seed and Series A stages. Surprisingly, all I could find was generic, obvious and pretty much useless reasons for startup failure such as “no market need”, “not the right team”, “ran out of cash” and other blah-blah-blah. In fact, when one fails a startup at a relatively early stage (pre-Seed, Seed or Series A), they wouldn’t shout out about it publicly, that is why readers won’t find much online.

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