The article doesn’t say what normal is, but does say “The third fiscal quarter saw 212 shutdowns, the highest number since the firm began tracking the data. Las

The article doesn’t say what normal is, but does say “The third fiscal quarter saw 212 shutdowns, the highest number since the firm began tracking the data. Last year, 467 companies folded.” Largest quarterly number and ‘higher than last year’ of course don’t directly compare to normal. They also aren’t a percentage, so this doesn’t help us understand if the failure rate is higher, or there are just more startups. The firm in question is Carta. Browsing through their set of blog posts and data, the headlines don’t seem to project a dismal picture at all, somewhat the opposite. https://carta.com/blog/category/data-research/ https://carta.com/blog/category/data-research/