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Five Barriers to Entry Facing Tech Startups in 2021

5 Barriers to Entry Facing Tech Startups in 2021 Startup companies face many barriers and challenges that often have them closing shop or bankrupt in the market. 0 3 minutes read The theory that dictates only the fittest survive is nothing short of the truth in the world of tech startups. The world of startups is a vicious place brimming with rivalry, which is why many startups close within the first three years. The reason is that it is not easy to withstand the challenges almost every startup company faces in today’s advancing technology realm. However, the biggest challenge in the present time is that the current market has completely changed the working paradigm of startups. Therefore, to understand some of the obstacles and barriers startups face, let us discuss them in detail.

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