Asked by
Teresa Taylor
on Oct 09, 2024
Verified
With failure rates exceeding 60 percent,the high-growth stage is the most perilous stage for new ventures.
Failure Rates
The percentage of businesses or projects that do not succeed, often used as a metric to assess risk or the effectiveness of strategies.
High-Growth Stage
A phase in a company's development characterized by a rapid expansion in revenue, customer base, or market share.
New Ventures
Refers to newly established businesses or projects initiated with the aim of exploring novel market opportunities.
- Understand the key distinctions and characteristics of different venture growth stages.
Verified Answer
JS
Learning Objectives
- Understand the key distinctions and characteristics of different venture growth stages.