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I don't think their chart is very convincing. So there's less high-tech startups than in the 1999-2001 era, why is that a problem? I'd be a bit worried if we di
by frgtpsswrdlame 8y ago
I don't think their chart is very convincing. So there's less high-tech startups than in the 1999-2001 era, why is that a problem? I'd be a bit worried if we did have that same spike. And it seems to me that tech giants are bad for a lot of reasons but I'm not sure how they disincentivize startup formation. They do lots of competitor buyouts so they probably do reduce the average lifespan of startups but I would think that just slightly moves the risk/reward of creating a startup down.
To me the chart reads that the problem with startups is in every sector except for tech. In that case perhaps we should look at economy-wide reasons for a slowdown in entrepreneurship. Considering the number one predictive factor for entrepreneurship is receiving an inheritance or gift maybe we should look at whether we're placing people in too precarious of a position to take on the risk required in starting out on your own.