Sunday, October 19, 2014

The Anatomy of a Startup

While starting a company has never been easier, the same facts still remain.  Most close in six months, and only about 10% will ever get to a break even state.  Still, here are some interesting facts about tech startups (hardware, software or internet based). First, most are started by 1 or 2 people; second they spend less than $1,000 per month on development, and if they make it past 9 months, have a good chance of making it a year.  I hope the infographic below adds some additional light on the subject.


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