Critical considerations: Address these 5 questions before scaling your tech startup
e27.co·2024-04-21 12:00
Many tech startups go off the rails despite having the right people, enough resources, a good base of customers. Why? They often scale up too soon without working on building a cogent framework for transitioning to mature firms.
In fact, premature scaling contributes to 74 per cent of startup failures, according to Startup Genome that surveyed 3200+ high growth tech startups. Also, tech startups that scale properly grow 20 times faster than startups that scale prematurely, cites the same report.
……Technology Business Finance Singapore
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