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Did you know that back in 1982 the high-tech entrepreneurship rate was 60 percent in the U.S.?
You would think that with the advancements that have been made in technology during recent years that rate would have increased — or at least remained at a high level. That hasn’t exactly been the case.
By 2011, the rate of high-tech entrepreneurship fell to 38 percent. Even more disparaging is the fact that most tech startups fail within 20 months after receiving funding.
Does this mean that the tech industry is doomed? Of course not.