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Startups fail for different and peculiar reasons especially in Nigeria. There are some factors which are debilitating to young entrepreneurs. In trying to understand why startups fail, and profer possible solutions to checkmate the failure of startups, it is important to understand the meaning of startups in the context of this article  Startups are new information technology and communications (ICT) businesses that are newly set up. Startups have Techpreneurs, who initiate business ideas, get a team to work with if they can afford, and make the businesses known to the would be clients. An example here is SaaS Startups. 'SaaS' stands for 'Software as a service.' The idea behind SaaS is to provide software in which there is access to the software after a user subscribes to it, and would be used online via the internet without the need to install such software on the computer system. Two typical examples of SaaS are emails (Gmail & Yahoomail) and Microsoft Office. Saa