When founders want to build valuable and successful businesses, but don't have sufficient knowledge and resources, roiquant helps founders gain competitive edge, so they can make data-informed decisions to innovate and generate high return on investment.
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Over 85% of companies worldwide won't survive up to 10 years.
Evidently, the shutdown rate is staggeringly high.
Our mission is to help founders reduce risk of business failure.
Top 10 reasons why companies shut down
Strong competition - 8.6% (167) Poor business model - 6.5% (125) Lack of funds - 5.9% (114) No product-market fit - 4.6% (90) Failed fundraising - 4.3% (83) Poor product-market fit - 3.2% (61) Failed acquisition (takeover) - 3.0% (59) Acqui-hire - 2.5% (48) Acquired - 2.4% (47) No Market Validation - 2.1% (41)
Note:
Postmortem analysis of 1,043 shuttered companies with recorded reasons for shutdown.
Total of 127 unique reasons for shutdown were identified.
Pie chart is only showing the top 10 reasons for shutdown (total 43.1%), while the remaining 56.9% of reasons are hidden.
Lifespans of companies
Note:
37.1% of companies shuttered within 3 years.
26.4% of companies shuttered in 3 to 5 years.
89.2% of companies shuttered within 10 years.
Based on 8,672 inactive companies with recorded operational duration data.
Our solutions solve problems for
Unique value proposition
roiquant's intelligent business decision support system empowers founders who are dissatisfied with expensive tools and noisy data. Unlike our competitors, roiquant's one-stop-shop solution offers actionable insights from ideation to competitive analysis to business modeling to prototyping to market validation to risk analysis to data-driven fundraising to generating high ROI.
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