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90% of startups worldwide fail; but data for South-east Asia incomplete

Published Mon, Feb 19, 2024 · 10:00 AM
    • While less significant, ecosystem maturity may have a more influential role to play in South-east Asia, given the varying levels of development across countries in the region.
    • While less significant, ecosystem maturity may have a more influential role to play in South-east Asia, given the varying levels of development across countries in the region. PHOTO: TECH IN ASIA

    ABOUT 90 per cent of startups worldwide fail, and over two-thirds never even give investors a positive return.

    Yet in South-east Asia, the numbers behind startup failure remain a mystery. Isolated figures and the occasional startup post-mortem provide an incomplete picture, and Tech in Asia (TIA) has also found no comprehensive regional summary to date.

    As South-east Asia’s startup ecosystem continues to evolve, TIA has put together this piece to help you keep track of macro-level startup failure trends in the region.