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[Infographic] Top 10 Reasons Startups Fail

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Despite the rosy picture and runaway successes painted by the startup scene, the fact remains – up to 90% of all startups fail. That’s right, nine in 10 startups don’t make it. Two-thirds of them fail within the first five years, and only one makes it to profitability and success.

But why do startups fail? There are many reasons.

Award-winning collaboration and work management software Wrike has put together an infographic listing out the top 10 reasons why most startups don’t make it to the finish line.

Top 10 Reasons Startups Fail

[Infographic brought to you by Wrike software for agile project management]