I don't think their chart is very convincing. So there's less high-tech startups than in the 1999-2001 era, why is that a problem? I'd be a bit worried if we did have that same spike. And it seems to me that tech giants are bad for a lot of reasons but I'm not sure how they disincentivize startup formation. They do lots of competitor buyouts so they probably do reduce the average lifespan of startups but I would think that just slightly moves the risk/reward of creating a startup down.
To me the chart reads that the problem with startups is in every sector except for tech. In that case perhaps we should look at economy-wide reasons for a slowdown in entrepreneurship. Considering the number one predictive factor for entrepreneurship is receiving an inheritance or gift maybe we should look at whether we're placing people in too precarious of a position to take on the risk required in starting out on your own.
To me the chart reads that the problem with startups is in every sector except for tech. In that case perhaps we should look at economy-wide reasons for a slowdown in entrepreneurship. Considering the number one predictive factor for entrepreneurship is receiving an inheritance or gift maybe we should look at whether we're placing people in too precarious of a position to take on the risk required in starting out on your own.