Why Some Startups Die: The Case Of Earbits — forbes.com

It might seem strange that so many of America’s biggest ideas come from startups; they’re brought to us by understaffed, underfunded, and oftentimes underqualified individuals who nevertheless want to change the world. Unfortunately, reality is often the enemy of startup culture. While we regularly hear about startups being bought by monolithic corporations, many more fade into obscurity. Lesser-known startups like Earbits, which you’ll hear more about in a bit, along with more famous cases like Aereo and MoneyParking, have helped to create a sort of business singularity: a thrilling glimpse into the uncharted future where all bets are off.

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