Bloomberg Startup Barometer in Free Fall

It's Not a Good Time to Start a Business
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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.

Mish discusses:

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 […]

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