“RIP 2024: The Rise and Fall of Startups That Couldn’t Survive the Year”

The year 2024 witnessed a significant increase in startup failures across various sectors, reflecting the challenges faced by emerging companies in a volatile economic environment. According to data from Carta, 254 venture-backed companies ceased operations in the first quarter of 2024 alone, marking a 58% increase compared to the same period in 2023. Notable Startup…