Posts with tag: startup-ecosystem

The startup system in Kazakhstan facing financial management issues.

Found posts: 2

Startup Graveyard: What Astana Hub Doesn't Include in Its Reports
Business Models and Their Challenges
20 min

Startup Graveyard: What Astana Hub Doesn't Include in Its Reports

According to Tracxn, there are 181 dead startups in Kazakhstan. The real number is several times higher. I checked graduates of Seedstars, Silkway, KDA, and Astana Hub Battle: more than half are dead, a quarter are in a coma. WebTotem survived by moving to Warsaw. CerebraAI moved to Silicon Valley. Those who stayed and are alive are solving problems that don't interest foreigners.

Apr 15, 2026 1.7K 4
Business Models and Their Challenges #startup-ecosystem #tax-incentives #it-export #accelerator
$7 Million Down the Drain: Why Kazakh Startups Can't Do the Math
Business Models and Their Challenges
21 min

$7 Million Down the Drain: Why Kazakh Startups Can't Do the Math

$4.2 million on marketing, $2.7 million in revenue. "The math doesn't add up." That's how the CEO of 1Fit explained the closure in Malaysia. This is not an isolated case: most Kazakhstani founders launch blindly. We analyze the systemic problem and how to solve it.

Dec 22, 2025 877 4
Business Models and Their Challenges #financial-discipline #investments #startup-ecosystem #unit-economics