10% of all U.S. companies go out of business every year.
The failure rate for new startups is currently 90%.
10% of new businesses don’t survive the first year.
First-time startup founders have a success rate of 18%.
The average cost of launching a startup is $3,000.
Payroll is one of the highest costs a business incurs.
34% of small businesses that fail lack the proper product-market fit.
22% of startups that fail don’t have a sound marketing strategy.
The average venture capital firm receives more than 1,000 proposals per year.
Approximately 30% of startups with venture backing end up failing.
Around 75% of all fintech startups crash within two decades.
Startups in the technology industry have the highest failure rate in the United States.