One of the most common reasons teams fail is team malfunction, coming in 3rd after "no market need" and "running out of cash" according to this post-mortem analysis. Some experts, like Harvard Business School professor Noam Wasserman go as far as to state that 65% of all startups that fail, do so due to bad team dynamics.
Many times we have seen a motivated team with a good idea and solid funding crash because they didn't have a go-to tool to analyze and optimize their team dynamics. How many start-ups with an HR department do you know? This is where teamApp comes in - teamApp is an easy to use tool that provides teams with quick insights about strengths, weaknesses, and potential problems. Our unique blend of the latest psychological, mathematical, and data science research allows for unprecedented amounts of data extracted from the minimum amount of input.
- A start-up member that participated in our first pilot project at Chalmers School of Entrepreneurship