> You think 40% of businesses are going to disappear in the next 3 years? That seems unlikely. I assume you're being sarcastic. Not necessarily. When you look

> You think 40% of businesses are going to disappear in the next 3 years? That seems unlikely. I assume you're being sarcastic. Not necessarily. When you look at the lifecycle of a company, the numbers are quite harsh[0]: > 23.2% of private sector businesses in the U.S. fail within the first year. After five years, 48.0% have faltered. After 10 years, 65.3% of businesses have closed. So the parent's figure is exaggerated but not by a large margin. [0] https://www.lendingtree.com/business/small/failure-rate/ https://www.lendingtree.com/business/small/failure-rate/