>"In 2018, 51,302 new startups were founded. Last year, that number was down to ... | Hacker News

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		ksec 3 months ago \| parent \| context \| favorite \| on: Jack Ma's family shifted wealth to UK after years-... >"In 2018, 51,302 new startups were founded. Last year, that number was down to 1,202." I dont think it has anything to do with Ma, but the complete collapse of Chinese VC after COVID along with property market bubble burst.

ETH_start 3 months ago [–]

VC investment peaked in 2021, long after the COVID lockdown began.

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