The 20 most common mistakes startups make

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Transcript of The 20 most common mistakes startups make

The information contained in this document is being provided on a confidential basis to the recipient solely for the purpose of evaluating TheFamily (“TheFamily” or the “Company”). The document is intended for the exclusive use of the persons to whom it is given. By accepting a copy of this document, the recipient agrees, for itself and its related bodies corporate, and each of their directors, officers, employees, agents, representatives and advisers, to maintain the confidentiality of this information. Any reproduction or distribution of this document, in whole or in part, or any disclosure of its contents, or use of any information contained herein for any purpose other than to evaluate an investment in the Association, is prohibited. The information contained in this document or subsequently provided to the recipient whether orally or in writing by, or on behalf of the Association, or any of its respective related bodies corporate, or any of their respective partners, owners, officers, employees, agents, representatives and advisers (the “Parties”) is provided to the recipient on the terms and conditions set out in this notice.

TheFamily

20 Mistakes

Single Founder

Bad Location

Marginal Niche

Derivative Idea

Obstinacy

Hiring Bad Programmers

Choosing the Wrong Platform

Slowness in Launching

Launching Too Early

Having No Specific User in Mind

Bad Customer Service

Raising Too Little Money

Spending Too Much

Raising Too Much Money (réveillez-vous c’est hyper technique)

Poor Investor Management

Sacrificing Users to (Supposed) Profit

Measure the Wrong Things

Not Wanting to Get Your Hands Dirty

Fights Between Founders

A Half-Hearted Effort

One More Thing...

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