Present Situation of Tech Startups in Bangladesh: A Case Study

Abstract

In contemporary times startup is a very popular and growing entity, especially for the software industry as the technology field continues to grow. However, the failure rate of software startups is extremely high, and many reasons are behind this failure. There are many different variables behind the success or failure of a company. The purpose of this study is to mainly identify the possible reasons behind why the startups can't reach the promise they are presumed to reach. To identify the reasons, company and employees of the company data were collected and analyzed using sentiment analysis and statistical correlation. Based on the analysis, some constructive suggestions were proposed accordingly. The discussion will enable the company employees and employers to bring out a transparent relation to ensure productive and satisfactory work environment. All the collected data for the study and the codes that were used to analyses the findings are attached below [28].