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by abdullahkhalids 638 days ago
Is there any independent confirmation of these numbers? Seem too extraordinary to be believed without extraordinary evidence.
1 comments

The tweet uses "number of companies founded" as a metric, which to me isn't as illustrative as something like revenue/company or similar.
This is about startups, which by definition means companies founded in the previous few years, with very little revenue. His metrics make perfect sense. I must say this is a real surprise. Needs to be corroborated by another source.
The original source is the FT citing a company that tracks startups.
The owner of that company wrote that FT cited the wrong data