Data Talks

Since arriving in China, meetings founders and VCs have left me with a very dim view of the current state affairs.

Things are so bad.

In 2018, 51,302 new startups were founded. Last year, that number was down to 1,202.

It took a while for that number to sink in. pic.twitter.com/oCeO2sAssc

— Eleanor Olcott (@EleanorOlcott) September 12, 2024