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Risk Management For Start-ups: How To Prepare For Uncertain Time
Startups often face significant risks that could jeopardise their future. Financial bottlenecks, unexpected market developments and operational problems are just a few examples. A sudden slump in sales, legal problems, or the loss of a major customer can lead startups into uncertain times. To withstand these challenges, solid risk management is essential. Even in the early stages of a company, risk management should be integrated into the ...
Diversification and the probability of independent events: advantages of diversification
Why is diversification so important? In this post, we answer this question based on the theory of probability of independent events, where we see that the more startups in our portfolio, the less risk there is of failure and therefore, more probability of success we can achieve.