Hello,
I found that most high-tech/dot-com startup companies fail because of
A) poor planning, B) no vision, C) bad luck, D) greed, E) failed
products F) competition and G) lack of funding. I tried looking for
articles focusing on why companies fail within first two years, but
there were not many that discussed this aspect in specific detail.
Many of the reasons that cause a company to fail in first 2 years are
the same that cause one to fail in 10 years. The length of time a
company stays alive is often dependent on the amount of money it has
available.
Here are 10 articles of mixed length that I thought best met your
requirements:
In depth editorial type article which goes over reasons for high tech
company failure in fair detail. Small excerpt: "High-tech startups
fail for only three reasons: stupidity, luck, and greed."
http://www.pbs.org/cringely/pulpit/pulpit20010614.html
Longer article, use the arrow at the bottom to keep going through it.
http://www.entrepreneur.com/Magazines/MA_SegArticle/0,1539,285071----1-,00.html
I found this article which I thought was fairly good, but it is only
available in the Google cache. You will have to read it before google
refreshes the website. (Originally found at
http://instruction.bus.wisc.edu/mcarpenter/READINGS/techfail.htm.)
://www.google.ca/search?q=cache:qSDRLzMwzVMC:instruction.bus.wisc.edu/mcarpenter/READINGS/techfail.htm+high+tech+startup+failure+reasons&hl=en&ie=UTF-8
This article, although brief, raises some good points. It looks at
Eight things new businesses should avoid:
http://www.saclark.com/cgi-shl/dbml.exe?Action=Query&Template=/SAClark/archives2.dbm&ColumnID=49&Topic=1&StartColumnId=32
Solid article with equally solid references:
http://www.otable.com/ourwork/research/brandinghtco.html
Interesting article which shows how a business can be tagged for
failure by looking for venture capital. During the process of finding
money, business plans and product ideas are shared, which can
undermine the future success of the startup.
http://www.thestandard.com/article/display/0,1151,11228,00.html
This web page has startup facts and figures showing which startups are
most likely to fail. At the bottom you will find two good lists giving
eleven "Reasons for Success" and nine "Reasons for Failure." Well
worth a look.
http://www.ktec.com/erc/StartUp%20Facts%20Figures.htm
Fairly good article written by someone with experience in the high
tech industry. Covers the idea that high tech is still a "new"
industry and the consequences that this has.
http://www.sfu.ca/~mvolker/biz/intro.htm
This article does not look specifically at high tech startups only,
but gives solid reasons for "Why Companies Fail." Worth a read.
http://www.icontoday.com/news/default.cfm?nId=956
Good article about the startup Webflow and what went wrong:
http://www.forbes.com/asap/1999/1112/037.html
If this is not what you were looking for, please let me know and I
will do further research for you.
tisme-ga
Search Strategy:
"high tech" fail business
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high tech startup failure reasons
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+why high tech companies fail
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