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Statistic
80% of founders reported building a community of users as important to their business. 28% say it is critical to their success.
First Round: State of Startups 2019
View Statistic Source, Methodology, And Link
Publish year:
2019

Report Methodology

First Round used data from 3,600 submissions and 190,000+ data points.

Why it Matters

The statistic matters because it highlights the significance of building a community of users for startup founders. With 80% recognizing its importance and 28% deeming it critical, it emphasizes the role of user engagement and support in determining the success of a business. Building a loyal community can drive growth, increase brand advocacy, and lead to long-term business sustainability.

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