Startups face unique risks and uncertainties from "summary" of The Founder's Dilemmas by Noam Wasserman
Startups are inherently risky ventures due to the uncertainties that founders face throughout the process of building their company. The very nature of a startup involves entering uncharted territory, where there are no guarantees of success. This uncertainty can manifest in various forms, such as market volatility, technological disruptions, and competitive pressures. One of the key risks that startups face is the uncertainty surrounding product-market fit. Founders must navigate the delicate balance of creating a product that meets the needs of customers while differentiating themselves from competitors. This process involves a great deal of trial and error, as founders must constantly iterate on their product based on customer feedback and market tren...
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