GITNUX MARKETDATA REPORT 2024

Startup Success Rate Statistics

Approximately 75% of startups fail within the first 5 years of operation.

Statistic 1

"Approximately 70% of startups are operational after two years."

Sources Icon

Statistic 2

"50% of new businesses fail within five years."

Sources Icon

Statistic 3

"Roughly 10% of startups fail within the first year."

Sources Icon

Statistic 4

"Startups need 2-3 times longer to validate their market than most entrepreneurs expect."

Sources Icon

Statistic 5

"More than 90% of startups fail overall."

Sources Icon

Statistic 6

"36% of startups exit in an IPO or acquisition."

Sources Icon

Statistic 7

"Over 60% of new businesses aim to serve the existing demand instead of creating a new one."

Sources Icon

Statistic 8

"Startups with two founders significantly outperform solo founders and rake in 30% more investment."

Sources Icon

Statistic 9

"77% of successful business owners rely on personal savings for their initial funds."

Sources Icon

Statistic 10

"Majority of the successful startups have spent less than $5000 in their startup phase."

Sources Icon

Statistic 11

"The survival rate of startups with a business plan is 16% higher than those without a plan."

Sources Icon

Statistic 12

"Almost 30% of the startups begin with less than $25,000 in the bank."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!