More than one third of startups at the stage of idea formulation in Russia believed there was a chance they would have to terminate their activities in the following three months, in 2020. Companies experiencing stable growth assumed the highest chances of staying afloat.
Is there a possibility that you will terminate your activities in the next 1-3 months?
Characteristic
Yes
No
Formulation of ideas, study of competitors and the needs of the target audience, business model development
36%
64%
Minimum Viable Product (MVP) availability, promotion and first sales
16%
84%
Team selection, prototype development
14%
86%
Improvement of product/service on the basis of customer feedback, optimization of business processes
13%
87%
Scaling: growing client base, product capabilities and the company itself
12%
88%
Stable development, search for new directions for explosive growth
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VC Barometer. (July 29, 2020). Is there a possibility that you will terminate your activities in the next 1-3 months? [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1201223/chances-of-startup-shutdown-in-russia-by-development-stage/
VC Barometer. "Is there a possibility that you will terminate your activities in the next 1-3 months?." Chart. July 29, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1201223/chances-of-startup-shutdown-in-russia-by-development-stage/
VC Barometer. (2020). Is there a possibility that you will terminate your activities in the next 1-3 months?. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1201223/chances-of-startup-shutdown-in-russia-by-development-stage/
VC Barometer. "Is There a Possibility That You Will Terminate Your Activities in The next 1-3 Months?." Statista, Statista Inc., 29 Jul 2020, https://www.statista.com/statistics/1201223/chances-of-startup-shutdown-in-russia-by-development-stage/
VC Barometer, Is there a possibility that you will terminate your activities in the next 1-3 months? Statista, https://www.statista.com/statistics/1201223/chances-of-startup-shutdown-in-russia-by-development-stage/ (last visited November 21, 2024)
Is there a possibility that you will terminate your activities in the next 1-3 months? [Graph], VC Barometer, July 29, 2020. [Online]. Available: https://www.statista.com/statistics/1201223/chances-of-startup-shutdown-in-russia-by-development-stage/
