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Startups lasting longer would have nothing to do with this? 0-2 Years represents "New" startups, so the number of new startups is declining.


That would be true if this was actually a number, not a percentage. To take a hyperbolic example, there could be 100x more startups at 0-2 years right now than in '85 and 100,000x aged 2-4 years; you'd still see a percentage decline in the former and we'd be pretty far from "the startup disappearing."




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