Startups in 2019 have a staggering 90% failure rate, about 21.5% fail within the first year, and 30% after just two years. Surviving post the 3rd year is the ultimate litmus of survival.
Successful startups depend on many factors such as market needs, financing, viable business models and marketing. However, finding the right team, especially the right co-founders or co-founders, is an important first step.