Flipidea Information

OUR PROBLEM-MARKET FIT Every year, more than 75% of new and small companies worldwide shut down. Imagine that an approximation of 100 million new businesses are created each year around the world, as estimated by Moya K. Mason (2012) based on the data gathered by Global Entrepreneurship Monitor, only 30 million companies stand a chance to survive. That means 7 out of 10 companies are very likely to fail, this failure rate is staggeringly high. This is why we created Flipidea (pronounced as 'flee-pee-dea'​) to help you discover analytical insights and learn from failed startups and business failures. WHAT WE DO Failed: we compile data on failed startups and business failures from around the world. Learn: we investigate and analyse our data to discover insights for you to consider. Innovation Prototyping: we will guide you to research, ideate, validate, build, launch, refine, and grow (available soon). Pivot: we will empower you to scientifically pivot and innovate creatively (available soon). PRODUCT: OUR MACHINE LEARNING DATABASE We are building our database systems with the aim of reaching full autonomous data collection, translation and storage of failed businesses. PRODUCT: OUR FAILURE-BASED DATABASE Our database is a collection of searchable and rich data of failed businesses which include post-mortem analysis, competitors and similar companies analysis, bankruptcy reports, interviews, and more. PRODUCT: OUR FAILURE RATE CALCULATOR Our failure rate calculator allows users and entrepreneurs to analyse their intuitive business ideas and predict the estimated failure rate of their proposed ideas before kick-starting, or their existing business in order to pivot. OUR VISION We are empowering you with purposeful data. Follow us for weekly insights and updates: Medium: https://www.medium.com/flipidea Facebook: https://www.facebook.com/flipidea.co Twitter: @Flipidea_AI Instagram: @flipidea AngelList: https://angel.co/company/flipidea