A pair of researchers from Fractl, a data-marketing firm, pored over the post-mortems written by founders after their companies shut down, to identify the reasons entrepreneurs think their startups failed. The results are below. The biggest reasons were either unviable business models or startups running out of cash. Fashion companies most often cited money problems - running out of cash or not being able to secure funding - for their failures. Social media companies struggled with traction and creating a viable business model. And software company founders concluded their problems stemmed from focusing too much on the technical aspects of their products and ignoring what customers actually wanted. Source: Quartz
Chart of the Day: Q4 performance of companies left expectations in the dust The market cheered, there was a lot of green in the financial statements this quarter. Overall, actual performance of companies that declared results so far has beaten expectations by a net surplus of Rs 20,900 crore in revenue. Net profits across companies have beaten expectations by a surplus of Rs 2672 crore. Visually you can see some firms saw big spikes - actual performance beating the predictions before results by large amounts. Heavyweights like BPCL, Adani Power, HDFC, and Reliance Industries performed substantially above expectations. Data source: Business Standard
