Why we picked it Eisenmann studied a large set of real startup post-mortems, so this talk turns 'no market need' from a cliche into concrete, memorable patterns you can actually watch out for. He is honest that the most common killer is building something before confirming enough people want it, which is exactly the trap that sinks the first-customer stage. Use it to recognize the shape of the mistakes early, while they are still cheap to fix.
Why Startups Fail (with Tom Eisenmann, Harvard Business School)
On YouTube (Harvard Innovation Labs) by Tom Eisenmann, Harvard Business School
- The most common reason startups die is not competition or tech: it is building something without confirming real demand first.
- Early false positives (friends, a few eager users) fool founders into scaling a product the wider market does not actually want.
- Post-mortems repeat: the patterns are predictable, so you can spot them in your own venture before you have burned the runway.