3 Lessons to Learn From a Startup’s Failure

Posted by aeschenburg under Startups
From http://blog.fundbox.com 3177 days ago
Made Hot by: Digitaladvert on August 17, 2015 12:23 pm

What went wrong and what can you as an entrepreneur learn from the lesson of Secret?Startups fail all the time, but what made the fall of social media app Secret so interesting was that the company, which was launched in February 2014, had raised $25 million last July from investors and at one point was valued at $100 million. In April of this year, co-founder and CEO David Byttow announced that the startup would shut down and return what was left of its funding to its investors.

What went wrong and what can you as an entrepreneur learn from the lesson of Secret?