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100 Accelerators & Incubators
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Download The List of the 100 Highest-Valued Unicorns

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The Founder's Handbook

3 Failed Mexican Startups & Analyses on Why they Failed

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Countless startups are being launched every day in Mexico.

Many fail because they did not learn from the success of other companies who've managed to rise above.

We just published this list of 3 failed startups from Mexico with analyses on why they shut down, and interviews with their founders.


3 Failed Startups Founded in Mexico

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2,189 Accelerators & Incubators

Information about the industries, countries, and cities they generally invest in.

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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Complete Unicorns List
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1,190 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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FinTech Investors
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250 FinTech Investors

List of startup investors in the FinTech industry, along with their Twitter, LinkedIn, and email addresses.

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BioTech & Health Investors
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250 BioTech & Health Investors

List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.

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AI Investors
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250 AI Investors

List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.

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Phoenix

Phoenix

Phoenix was a SaaS app to send a last message to the people you love when you die. However, it was the app which died first.

Details of the startup:

  • Founder:

    Enrique Benitez

  • Country:

    Mexico

  • Industry:

    Software & Hardware

  • Started in:

    2017

  • Closed in:

    2017

  • Funding Amount:

    $0

  • Specific cause of failure:

    No Market Need

You can read more about their failure here.

Ropero

Ropero

Ropero was an e-commerce aiming to sell t-shirts in an unprepared market. Many expenses and little earnings.

Details of the startup:

  • Founder:

    Rafael Soto

  • Country:

    Mexico

  • Industry:

    e-Commerce

  • Started in:

    2005

  • Closed in:

    2006

  • Funding Amount:

    $0

  • Specific cause of failure:

    Bad Market Fit

You can read more about their failure here.

Vivalatina

Vivalatina

Nicolas started an e-Commerce that imported sterling silver jewelry from Mexico and resold it in France. His lack of knowledge on marketing made it impossible to him to achieve customers. After some big mistakes, he decided to shut it down and start re-thinking the business model. He is now making $7,200/Month.

Details of the startup:

  • Founder:

    Nicolas Tranchant

  • Country:

    Mexico

  • Industry:

    e-Commerce

  • Started in:

    2012

  • Closed in:

    2014

  • Funding Amount:

    $0

  • Specific cause of failure:

    Bad Marketing

You can read more about their failure here.

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