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When founders want to build a business with strong competitive edge, but don’t have the right knowledge and affordable tools, Flipidea solutions help founders validate the market at minimal cost, so they can make data-informed decisions to improve and innovate their business.

Try Flipidea free, no credit card required.

Idea Validation

Every year, over 50 million new and small businesses worldwide shuttered.

Evidently, the shutdown rate is staggeringly high.

Our mission is to reduce business failure rate.

*Note:
  • 125 unique reasons for shutdown
  • Descriptive analysis based on 1,000 shuttered companies; last updated on 21st April 2021
  • Pie chart is only showing top 10 reasons for shutdown (total 49%) while the remaining 51% are hidden

Top 10 reasons why companies shut down

Strong competition - 9.1% (91)
Poor business model - 6.7% (67)
Lack of funds - 5.8% (58)
No product-market fit - 5.0% (50)
Failed fundraising - 4.3% (43)
Failed acquisition (takeover) - 4.0% (40)
Acqui-hire - 3.8% (38)
Poor product-market fit - 3.8% (38)
Acquired - 3.6% (36)
Covid-19 pandemic - 2.9% (29)

Covid-19 PandemicAcquiredPoor Product-Market FitAcqui-hireFailed Acquisition (Takeover)Failed FundraisingNo Product-Market FitLack of FundsPoor Business ModelStrong Competition2.9%3.6%3.8%3.8%4%4.3%5%5.8%6.7%9.1%
We help you
Our solutions solve problems for
Unique value proposition

We serve aspiring and early stage founders who are dissatisfied with expensive tools and saturated data by building intelligent solutions using data science to discover insights from business failures. Unlike our competitors, Flipidea's affordable startup intelligence empowers founders to analyze, validate, and innovate their businesses.

Unique value proposition

Our Products

Data

Data

We offer you purposeful data to improve your business.

Startup Intelligence

Startup Intelligence

We empower you to build cutting-edge business.

Venture Intelligence

Venture Intelligence

We assist you to construct portfolios of top-quartile performing venture capital funds.

Competitive Intelligence

Competitive Intelligence

We analyze market trends to gain competitive insights for you to create differentiated opportunities.

Shuttered Companies

Keeping You Inspired

What People Say

What We Read

PAY WITH ANNUAL BILLING

get 20% off

Only USD $67.20 per year
USD $84 per year
*Note:
Annual billing:
  • Save 20% (USD $16.80) from original annual pricing of USD $84
  • Only available if you pay with annual billing for our Basic Plan
  • USD $67.20 per year (USD $5.60 per month)
Monthly billing:
  • USD $7 per month (USD $84 per year)