This AI Could Predict Startup Success with 90% Accuracy, Study Claims
AI or artificial intelligence could predict startup success to an impressive 90% accuracy, a study using machine learning models that look into tons of companies showed. As per Embroker, startups turn out to be a complete failure in most cases. To be precise, about 90% of them do not become successful. What's more, about 10% of startups end up being a failure every year, regardless of what industry it is in--whether it is from tech or retail. Not to mention that failure began at roughly the second to the fifth year of the firm. However, CBInsights learned in its recent data that 42% of the unsuccessful startups are due to misreading the market demand.
Sep-25-2021, 22:30:19 GMT
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