Korea Business Review · Section
MANAGEMENT & STRATEGY
Hundreds of thousands of startups are born worldwide every year, and even more quietly disappear. Why do companies with ample funding, strong teams, and advanced technology fail? The data already holds the answer.[Photo = Korea Business Review DB] A latest report by CB Insights published in March 2026, analyzing 431 closures of VC-backed startups since 2023, reaffirms an uncomfortable truth in the startup ecosystem.
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