Why Startups Fail Series
What To Do Before Asking for Funds
There is a lot to think about when raising funds, but one of the biggest mistakes a startup can make is to ask for money before they are ready. Here's a checklist for your startup’s funding!
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Business journeys are always arduous. Financials should be adequately accounted for and presented fairly and reasonably. With the figures in place, businesses can build credibility to interested parties when it comes to fundraising.
Jeslin Bay, Managing Partner of BlackStorm Consulting
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What is this about?
Startup failure is inevitable, even with the most experienced entrepreneurs and seasoned investors--it's impossible to predict every possible obstacle your startup could encounter.
Pirate3D set out to change the world of 3D printing by creating an affordable and accessible solution for consumers. Offering a simple, innovative, and cost-effective way of 3D printing, it looked to build on the recent advancements in consumer 3D printing technology.
Formerly regarded as one of Singapore's most promising tech startups making waves on Kickstarter, Pirate3D has faced an unfortunate end. In this podcast, you will learn about the company's history, how it could have prevented the failure, and what you can learn from the project's mistakes.
Pirate3D set out to change the world of 3D printing by creating an affordable and accessible solution for consumers. Offering a simple, innovative, and cost-effective way of 3D printing, it looked to build on the recent advancements in consumer 3D printing technology.
Formerly regarded as one of Singapore's most promising tech startups making waves on Kickstarter, Pirate3D has faced an unfortunate end. In this podcast, you will learn about the company's history, how it could have prevented the failure, and what you can learn from the project's mistakes.


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A good example of how a startup business can fail is not fully knowing all the possible pitfalls. Anyone looking at starting their own business in 3D printing needs to read the excerpts, but it might be worth paying for a subscription. The critical part of any business is being fully conversant with every step of the process.
- John Calluy
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