Why do startups fail after MILLIONS of dollars?

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  • Опубліковано 4 жов 2024

КОМЕНТАРІ • 124

  • @ongeri
    @ongeri 4 роки тому +50

    I often get the feeling startups tend to spend more than they have to. Sometimes the venture capital model encourages founders to just hunt for more funding and investors rather than seeking profitability.

    • @slidebean
      @slidebean  4 роки тому

      Thank you for watching!

    • @Humblyguided
      @Humblyguided 4 роки тому +2

      Ongeri it’s true , it’s the founder decision how fast want to grow , if you wait for market change then whole prospect of profit effort also change

  • @sanujitroy6830
    @sanujitroy6830 4 роки тому +60

    60% startup fail due to poor planning, poor quality candidates and over estimation

    • @slidebean
      @slidebean  4 роки тому +2

      Thank you for your comment! Interesting!

    • @jajajinks1569
      @jajajinks1569 3 роки тому +1

      Ehhh... I think a lot of startups with great planning, great candidates and good estimations still fail.
      It's just the nature of the game. A lot of "multi-million dollar ideas" just end up not being scalable

    • @darnit1944
      @darnit1944 2 роки тому

      Practically similar to Plankton's "I dont know, I never thought I'd get this far"

    • @solothebest1850
      @solothebest1850 2 роки тому +1

      @@jajajinks1569 True but TIMING is the key a lot of ideas have come and go throughout history. Facebook was not the first idea same with Uber or Airbnb. But their time was timed to perfection to a point that I believe investors were having a bidding war to give them as much money as they need it. The only problem with time it's virtually unpredictable but it's very clear when something is actually is at the right time.

  • @joshm-d6124
    @joshm-d6124 4 роки тому +113

    It annoys me how "A day in the life of a billionaire" get hundreds of thousands times as many views as explaining businesses.

    • @nanakwakudadeyakrofi2977
      @nanakwakudadeyakrofi2977 4 роки тому +52

      I guess it's easier to dream about being rich than doing the actual work that gets you there

    • @slidebean
      @slidebean  4 роки тому +14

      🤔

    • @OgolordIntl
      @OgolordIntl 4 роки тому +5

      @@nanakwakudadeyakrofi2977 on point 👍❤

    • @Ankushdas2001
      @Ankushdas2001 4 роки тому +1

      Wesley Billion dollar virgin

  • @ceciliabaeza-castro9386
    @ceciliabaeza-castro9386 4 роки тому +42

    Hey Caya! I’d love to hear examples about mission-driven startups.. perhaps Edtech or one that implement outside the US. Thanks

  • @Humblyguided
    @Humblyguided 4 роки тому +3

    Another wonderful video Caya, I would say 1st attempt not always successful, if you haven’t failed , you won’t be where you are today! Life is only lesson, how we apply those lesson is up to us, looking to more video! Keep going !

  • @Naruedyoh
    @Naruedyoh 3 роки тому +6

    As an european, to see "medical care" and "paid vacation days" as "Work benefits" is very disturbing

    • @scarx9151
      @scarx9151 Рік тому

      Well…Zionist run America so there is your answer.

  • @karuniyado
    @karuniyado 4 роки тому +31

    02:16 made me laugh 😄

    • @johnvincent1867
      @johnvincent1867 4 роки тому +5

      7:04 as well 😂

    • @slidebean
      @slidebean  4 роки тому +1

      😆

    • @Humblyguided
      @Humblyguided 4 роки тому

      Muhammad Karuniyado me too look like I’m watching forensic files, or CSI Ny ,

    • @ThisIsPa3zk
      @ThisIsPa3zk 3 роки тому

      hahahah i like how he tell that joke with a flat face lol

  • @henryugochukwu8398
    @henryugochukwu8398 4 роки тому +9

    Insightful as usual...Thank you

  • @PomegranateChocolate
    @PomegranateChocolate 4 роки тому +1

    One thing I learn from your site is people from Costa Rica don't have an accent in their English.

  • @AmaritoMan
    @AmaritoMan 4 роки тому +7

    You amaze me Caya thanks for explaining what was a mystery quite for some times in simple English thanks man

    • @slidebean
      @slidebean  4 роки тому +2

      We are glad to help! 🙌🏼

  • @kunalkumar3591
    @kunalkumar3591 3 роки тому +1

    i am loving this channel , very insigtful and top notch genuine content

  • @n00dle_king
    @n00dle_king 4 роки тому +3

    25% overhead on offered salary is way too low.

  • @maps39
    @maps39 4 роки тому +9

    i still don't understand why big platforms are sold, like why Instagram, Skype or other i don't know now was sold for billions, why they couldn't continue to be an individual like they were, maybe the ones who started them had enough and wanted a life time vacation and some money to invest in something else and not bother about profit or else

    • @slidebean
      @slidebean  4 роки тому

      Good Q! Welcome to discuss with other founders or Caya on Discord slidebean.com/startup-cafe

    • @thebasketballhistorian3291
      @thebasketballhistorian3291 4 роки тому +2

      "Here's a $1 billion for Instagram."
      Very few people are not going to take that money. Yeah, they could've kept it going and possibly earned billions more but...
      #1. A billion dollars is enough money.
      #2. Your platform hasn't even made much or any profit yet.
      #3. There's no telling how your platform will end up in the future. It could fizzle out like MySpace or Vine.

    • @dejrand
      @dejrand 4 роки тому +2

      @@thebasketballhistorian3291 Right on, if you ever read Zero to One Peter Thiel said that once a founder had run out of ways to grow, it's time to sell hence why Zuck didn't sell to Yahoo, he knew he had lots of growth left

    • @DerDudelino
      @DerDudelino 3 роки тому +1

      Because Skype is not a business - they have a ton of users and data but never turned a profit. Same goes for Whatsapp

  • @affansiddhiqui3739
    @affansiddhiqui3739 4 роки тому +5

    Damn ! I'm addicted to your videos

    • @slidebean
      @slidebean  4 роки тому +1

      We hope you find them useful! Thank you for watching!

    • @affansiddhiqui3739
      @affansiddhiqui3739 4 роки тому +1

      @@slidebean hope you find this content idea useful
      You can cover flipkart which is acquired by walmart (you guys might be knowing about this)
      And is the biggest rival of amazon in india
      2. You guys can also give some great content related to stock market as you guys have very insightful and great understanding of coroporate finance and valuation and people in that community(niche) will also find your {slidebean platform} useful
      Hope you guys find these 2 ideas helpful
      And as usual thanks for providing valuable content

  • @MassiveSuccessVids
    @MassiveSuccessVids 4 роки тому +4

    Listening to the videos tells me, "Hello, wake up"! VCs will never invest in my multimedia content production-distribution mini-studio. Gotta find another way, hopefully self-sufficient.

    • @slidebean
      @slidebean  4 роки тому

      Thank you for your comment! Interesting!

  • @silasadedoyin4733
    @silasadedoyin4733 4 роки тому +5

    02:17 and then they make it to our startup forensics series 😂

    • @slidebean
      @slidebean  4 роки тому

      It's funny 'cause it's true 😬

  • @InkaHacker
    @InkaHacker 4 роки тому +2

    hahaha there is even entire books about this. "Why most businesses fail in the first five minutes and takes them 3-5 years to realize it. Position to win"

  • @MWHM2
    @MWHM2 4 роки тому +3

    Because they all try to reinvent the wheel while having no clue on how to run a business. Most of the time they have never had a serious job in a large corporation where they needed to implement or write processes.

  • @grapplerke
    @grapplerke 4 роки тому +1

    lol 150,000 a year. Must not be adding in bonus and stock options. SF and NYC engineers are making 300-500K in total compensation these days.

  • @mrpgroe
    @mrpgroe 4 роки тому +4

    What would be the best middle way between startups the raising lots of investments and the lean startup methodology, but still being able to compete with startups that have big investments?
    Why is there so much difference in the startup strategy between Europe and the USA (bay area)?

    • @slidebean
      @slidebean  4 роки тому +1

      Good Q! Welcome to discuss on Discord slidebean.com/startup-cafe

  • @aliensonmars3662
    @aliensonmars3662 4 роки тому +2

    Make a video on books you recommended to read

  • @jooky87
    @jooky87 4 роки тому +4

    Wow great videos that actually got me interested in your product.

    • @slidebean
      @slidebean  4 роки тому

      Thank you for watching! Looking forward to have you as a happy Slidebean user!

  • @furqonlanang9250
    @furqonlanang9250 4 роки тому +2

    Hmmm what about bootstrapping? I heard some good quotes from some 8 figure marketers
    "if you can't make money without money, then prolly you can't make money with money's"
    the advancement technology in 2020 is super amazing. You can use free trial or developer mode third part software/application to run your website or application with no money from ground up and start making some profit from there, Zoho is perfect example of bootstrapping startup, but hey life is a choice right there's pros and cons on every side :)

    • @Humblyguided
      @Humblyguided 4 роки тому

      furqon lanang I like this quote “ If you cant make money without money, then prickly you can’t make money with money!” Inspiring thou!

  • @NurilGamer999
    @NurilGamer999 2 роки тому

    wow thanks for this. really clarifies and adds a lot of knowledge

  • @Noname-rm3xu
    @Noname-rm3xu 2 роки тому +1

    "...and then how to fail a company" =))

  • @GameFuMaster
    @GameFuMaster 4 роки тому +1

    The problem with concentration of wealth with so few people, is that there isn't as much innovation as there could be.

    • @slidebean
      @slidebean  4 роки тому

      Thank you for watching!

  • @sirIancarter
    @sirIancarter 4 роки тому +1

    I love your videos! These are all fantastic

  • @kannasaikiranreddy6863
    @kannasaikiranreddy6863 4 роки тому +4

    Love your stuff

  • @aprilmintacpineda2713
    @aprilmintacpineda2713 4 роки тому +4

    Hmmm, don't get me wrong Caya, but there seems to be an inconsistency, you just said: "WeWork raised 22 billion dollars [...]" and then "Why do investors pour so much money into these tech startups". So did you just say that WeWork is a tech startup? Because I thought it wasn't, based on your video startup forensics about we work when you said: "Wework was not a tech company, it was a real estate company with some tech.", so has there been any changes or was my inference incorrect?

    • @TheOnlyTruthSerum
      @TheOnlyTruthSerum 4 роки тому +8

      WeWork was thought to be a Tech start up by the investors because the founders paraded it as one and that was why they raised so much money (as a tech startup that they weren't) no inconsistencies here

  • @rajimordecai1099
    @rajimordecai1099 4 роки тому +5

    Please make a video on startup success. We've had enough on startup failures. Haha. Thanks

    • @slidebean
      @slidebean  4 роки тому +1

      Great suggestion! We started with The North Face! ua-cam.com/video/tlk3uF6yI5g/v-deo.html

    • @ansha2221
      @ansha2221 4 роки тому

      @@slidebean Yes more of those success stories will also be useful. The above videos are great. Keep them coming. Thank you for creating this channel

  • @saidbendhiafkhiri9827
    @saidbendhiafkhiri9827 4 роки тому +1

    I love this channel. Thanks for sharing your Knowlodge sir.

  • @jorgerangel2390
    @jorgerangel2390 4 роки тому

    It's so good to be a full stack developer

  • @rajbiswas776
    @rajbiswas776 3 роки тому +1

    You should write a book. I know I will read it.

  • @abdulazeezsule4107
    @abdulazeezsule4107 4 роки тому +1

    Learning new info from every video

  • @stealthoverflow
    @stealthoverflow 4 роки тому +4

    Amazing content

  • @theoneandonlyzulu3342
    @theoneandonlyzulu3342 4 роки тому +1

    150k, bruh... I'm moving to California 😂

  • @HusravMahmudov
    @HusravMahmudov 4 роки тому +1

    Very helpful video thanks

  • @DrewLytle
    @DrewLytle 4 роки тому +1

    So relevant with Boosted

  • @Entertainment_Chilli
    @Entertainment_Chilli 3 роки тому +2

    Hi, I'm an Indian. I want to start my own Cosmetic company. Which country is best for investment Singapore LTD., LLC US or Canadian corporation ?
    Which country is more beneficial ?
    Please suggest....
    I wanna invest in Foreign.
    💯

    • @kevinjones1053
      @kevinjones1053 3 роки тому +2

      Registering in Singapore - 17% corporate tax rate
      Registering in Dubai - 0% corporate tax rate
      Registering in USA - 21% corporate tax rate
      Registering in Canada - 28%
      corporate tax rate
      The factors to consider here are:
      i. Ease of doing business
      ii. Corporate Tax Rate
      iii. How much the government supports offshore registration

    • @Entertainment_Chilli
      @Entertainment_Chilli 3 роки тому

      @@kevinjones1053 Hi, I'm an Indian. I want to start my own Cosmetic company. Which country would be best for e-commerce, supportive & earn higher profits as well ? What is the difference between LLC and Canadian corporation ?
      Please suggest....
      I wanna invest in Foreign. Can I've ur contact details ?
      💯

    • @kevinjones1053
      @kevinjones1053 3 роки тому +1

      @@Entertainment_Chilli Don't register a company before you start making money. Start off as a sole proprietor. You need make sure that people actually want your product.

    • @kevinjones1053
      @kevinjones1053 3 роки тому +1

      @@Entertainment_Chilli An LLC is a limited Liability Company, what it means is no-one can take your personal assets even if the business fails. It has a lot less regulations.
      A Corporation is a much more formal registration with a lot of regulations.

    • @kevinjones1053
      @kevinjones1053 3 роки тому +1

      @@Entertainment_Chilli It is better to register in a low tax country.
      You can Google the countries with the lowest corporate tax rate.

  • @KwameSenecaLP
    @KwameSenecaLP 3 роки тому +1

    You talking around the subject matter

  • @95blahblahhaha
    @95blahblahhaha 4 роки тому

    Non flattering shirt.... But I love all of your videos!!!

  • @kursboss5658
    @kursboss5658 4 роки тому +1

    I am looking for investors

  • @hritikpawar2876
    @hritikpawar2876 4 роки тому +3

    Startup failed because they not follow the lean startup methodology.

    • @mrpgroe
      @mrpgroe 4 роки тому

      Fully true!!!

    • @SlasherChick
      @SlasherChick 4 роки тому

      I can’t disagree

    • @slidebean
      @slidebean  4 роки тому

      Good point! Welcome to discuss on Discord slidebean.com/startup-cafe

  • @fazilkaratt9049
    @fazilkaratt9049 4 роки тому

    OYO room

  • @josim8908
    @josim8908 4 роки тому +2

    How would you pitch other companies to use your service?

    • @slidebean
      @slidebean  4 роки тому

      Good Q! Welcome to discuss on Discord slidebean.com/startup-cafe

    • @booneboone9705
      @booneboone9705 3 роки тому

      @@slidebean make a video about it 👍🏾

  • @Hasan1279
    @Hasan1279 2 роки тому

    how can i subscribe for 1 month free trail?

  • @bigbanknewyork3655
    @bigbanknewyork3655 7 місяців тому

    Avoid AWS like the plague

  • @hilltan2611
    @hilltan2611 4 роки тому

    What do you think of idea evaluation / consulting services such as ideaconsult.com.au? Anyone find it helpful?

  • @lifelyrics5659
    @lifelyrics5659 3 роки тому

    This is crazy good info brother!
    I hope I can give u 5 subscribes than 5 likes

  • @OgolordIntl
    @OgolordIntl 4 роки тому +3

    I love the Trump part😂

    • @slidebean
      @slidebean  4 роки тому

      Thank you for watching!

  • @marcusdavenport1590
    @marcusdavenport1590 4 роки тому +5

    Less politics please!!!!

    • @jblasutavario9549
      @jblasutavario9549 4 роки тому +7

      It's his channel. He can say whatever he wants. Deal with it.

    • @dneptune3
      @dneptune3 4 роки тому +2

      People who are way less qualified speak on politics all the time.

  • @BobbyGeneric145
    @BobbyGeneric145 3 роки тому

    Hey Caya, do you enjoy the freedoms you have to prosper in the United States? Yeah? Then shut up with your criticism of the president. If you don't like who is in office, take yourself back to Costa Rica and make all the jokes you want ...

  • @Samueljeldi
    @Samueljeldi 4 роки тому

    Trump won🤣🤣🤣🤣 nailed it.anyways "none of our business"😂😂

    • @Humblyguided
      @Humblyguided 4 роки тому

      Samuel Jeldi you are fire ! Trump popular slogan

  • @jixxeo
    @jixxeo 4 роки тому +1

    Great video