Kris Finstad, CEO & Founder, ContentChecked
According to a report from National Venture Capital Association, in 2015 the venture capital ecosystem distributed $58.8 billion to startups across the U.S., an increase from $48.3 billion in 2014 and a clear indicator of the continued growth of the entrepreneurial market. However, penetrating the U.S. market is a challenge in and of itself due to the sheer size, population and the growing number of startups flocking to the states. Statistics have shown that only 10 percent of startups launching in the U.S. are successful. This daunting truth can be attributed to a variety of reasons including culture clashes, differences in business practices, and the competitiveness of the startup scene.