You must have heard that startups fail but do you know Why? Because of one or more reasons like lack of adequate funds, quality resources and infrastructure and so many things which one requires for running a startup successfully. But not every startup fail and the reason behind this is the constant effort and hard work they put in to achieve the desired results.
There are a number of startups that have been failed badly but there are also some of the startups which have proved us that nothing is impossible in this world if we are willing to take the pain and do the hard work. In this article, we have listed
Some of the startups failed miserably but after now everyone knows about them as now they have gained quite a popularity among the masses.
We can’t imagine our life without using Ola and Uber nowadays. The car rental startup, Uber has been started by one school dropout who got very good funding to carry out his project. He started the company in the year, 2010 which has a value of nearly $17 billion as of now.
One of the most famous photos sharing app, Instagram has been launched by a person who wanted to learn how to code so he decided himself to learn to code after his working hours. Post-learning about coding, he has successfully created an app about which everyone is talking today.
3. OYO Rooms
The very young and talented Ritesh Agarwal who is also a college dropout has made this idea a successful launch at the age of 17 only. Do you know OYO was earlier known as ‘Oravel’? The concept was fairly unique and accepted by especially young couples, married or unmarried. As of now, the company values over $25 billion.
He is the man of words, from whom we can learn so much. He is truly like an inspiration for so many peoples as he knows the real struggle behind finding a job for himself as he faced many rejections in his life for every possible job which he tried.
And you know, he hardly knows how to speak English. Facing so many failures, he decided to start his very own startup, Alibaba which is a giant Chinese e-commerce player and everyone knows about it.
One of the most important startups of the millennium I guess which helps people to find jobs and make contact with professionals over social media. Initially, when the app was set to launch in the year 2013, the founder asked some of his friends to join the website.
After some time, it gets a positive response from a huge number of people and today it has a worth of over $1 billion.
This startup was started up by two friends together who were avid travellers. They have started the company in the year 2013. The company has also received a huge amount of funding of nearly Rs. 2 crores within a year.
To start this venture, a guy has left his job to work along with his two friends. Initially, the app got flopped badly. So, they again tried to re-launch the app in the year 2010 which now has over 25 million active users worldwide.