Startup failure rate increases over time, according to the U.S. Bureau of Labor Statistics. Most do not last more than a decade; many fail within the first year. (Illustration: Nuthawut/Adobe Stock) Startup failure rate increases over time, according to the U.S. Bureau of Labor Statistics. Most do not last more than a decade; many fail within the first year. (Illustration: Nuthawut/Adobe Stock)

Startup businesses are unpredictable by nature, given that the most successful “unicorns” present business models and solutions that tend to be unique and distinct from other businesses that have come before them.

It follows that business experts estimate that roughly nine out of 10 startups are doomed.

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Elana Ashanti Jefferson

Executive Editor Elana Ashanti Jefferson is a veteran journalist and communications professional. She can be reached by sending email to [email protected].

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