5 Mistakes Startups Make And How To Avoid Them

The cold, hard fact is that most startups fail within a decade of their launch. And those failed companies tend to make some of the same mistakes, notes Nicolas de Beco and JD Weinstein, part of the team running theDe Beco and Weinstein have years of experience working in venture capital and have advised hundreds of startups, including those that are part of Oracle’s startup program.

Both de Beco and Weinstein urge B2B startups in particular to document their “paths to profitability,” conducting rigorous analyses that challenge their initial market estimates. That analysis requires a deep understanding of the strengths and weaknesses of competitors and, above all, determining the company’s proprietary advantage in each market segment it’s looking to penetrate.

Oracle Points 3 and 4 do not align well. Where exactly test-iterate and where plan ahead? Is the article grounded in statistics or in journalism?

Oracle Prepare before you inc.

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