This is a more effective explanation. It will be interesting to see how stats evolve for "IT startups". On one hand, we have loads of unemployed well educated

This is a more effective explanation. It will be interesting to see how stats evolve for "IT startups". On one hand, we have loads of unemployed well educated young people right now that can afford to risk their time. These may be more likely to seek seed capital? Go big or go home models? On the other, we have loads of seasoned industry vets with stable lives and cash in the bank to make a go of a new IT business. These may be more likely to start with one or two paying clients? Steady growth models?