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The Standard e-Paper
Truth Without Fear
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
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Last year was tough on Kenyan startups and the trend continues with recent casualties such as e-commerce firms Copia and MarketForce.
Startups failing is not a new phenomenon - Founders Factory Africa estimates that 20 per cent of startups fail within a year and 90 per cent ultimately fail. As such, startup failures in Kenya, or indeed other parts of the world, should not be viewed with a harsh lens.
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