3 ms·
The silver lining may be that the survival rate is about the same in expansions and recessions, says Dane Stangler, senior analyst at Kauffman. ... Research f
by indiejade 17y ago
The silver lining may be that the survival rate is about the same in expansions and recessions, says Dane Stangler, senior analyst at Kauffman. ...
Research from Kauffman in June found that more than half of the companies on the Fortune 500 list in 2009 and nearly half of the companies on the Inc. magazine 2008 list were founded during a recession or bear market.
This makes either perfect sense or no sense at all. Would it also follow that given the cyclical nature of the economy, about half the time we're in a "bull" market and half the time we're in a "bear" market? Not sure how useful this statistic is. After all, it takes many companies awhile to get to the Fortune 500.
(Edit) My brain must still be stuck on Seth Goldin's 50-50 Suburban/Prius math problem from yesterday. I guess what this article amounts to is anything that can be construed as good news would be encouraging to the entrepreneur!
- hristov 17y agoEven if it is true that we are in a bull market half the time and in a bear one half the time, this can still be viewed as encouraging statistic because it means that companies that start in a bear market do not suffer any excessive weeding out on their way to the fortune 500 as a result of starting in a bear market.