When you want your business to have a successful start up, you sure don’t want to be looking at a startup barometer in free fall. But that’s where the climate new businesses find themselves in. Over the past 7 months, the Bloomberg Startup Barometer has declined by a stunning 46%!
And consider this – This fall mostly even came before the impacts from the coronavirus COVID-19 hit had begun. Watch this indicator.
The Bloomberg Startup Barometer… The index peaked at 1545.32 on June 24, 2019. On February 10, 2020 it fell to 833.74. The Bloomberg Startups Index is down 25.45% from a year ago, but it’s down a massive 46.0% in just under 7 months. This suggests it’s not a good time to start a technology business. I propose it’s not a good time to be starting any business […]