tech.eu has been breaking down the findings of a white paper published by the LIFE project, a European Commission-sponsored project that examined the challenges and failures of European startups.
The paper catalogues the obstacles and experiences of entrepreneurs. So far we’ve looked at the supposed skills gap in Europe and the common mistakes made by startups in its very early days, such as finding relevant co-founders and identifying a real problem to solve.
In this post, we’re looking at the specific kinds of challenges that startups meet at the four different phases of their journey – Discovery, Validation, Efficiency, and Growth.