It is natural for the ever-changing tech industry to see startups come and go. As China-based startup database Itjuzi has shared with us, several once prominent startups died in 2013. But the crucial point here is that are there any generalizations for the new startups to avoid failure and maintain sustainability? CHINACCELERATOR, a Shanghai-based startup incubator, made an infographic to address this problem based on the timeline of failures and proposed some suggestions as well.

For more please click on the image below.

Why 8_10 Businesses Fail copy

Image Credit: CHINACCELERATOR

Emma Lee (Li Xin) was TechNode's e-commerce and new retail reporter until June 2022, when she moved to Sixth Tone to cover technology and consumption. Get in touch with her via lixin@sixthtone.com or Twitter.

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