The „Fail Fast Culture“ – Reasons start-ups fail and how to prevent it from happening
A prime example: The media covered it enough already – but Theranos is just a very good example of big-time failure. The American healthcare start-up was an established company with prestigious investors having their stakes in the business already when it broke down just recently. Why? Due to fraud and dishonesty from the management: one of many reasons a start-up can potentially fail in the short-term or in the long-run. As an investor, you want to make sure to limit your risks by thoroughly investigating the company you are about to be a part of.