Working in, or starting a start-up is very trendy. It has taken a significant pace in many countries as the occupation of choice. In France, it is now highly regarded. Nevertheless, it would seem that this is slowing down at least in the US, as mentioned in this interesting Atlantic article ‘Start-Ups Aren’t Cool Anymore‘.
According to the article, “A lack of personal savings, competition from abroad, and the threat of another economic downturn make it harder for Millennials to thrive as entrepreneurs“. In particular, “Research suggests entrepreneurial activity has declined among Millennials. The share of people under 30 who own a business has fallen to almost a quarter-century low“.
Reasons range from lack of funds to the fact that established corporations would become increasingly entrepreneurial and drive innovation (on the latter, I am still convinced that they are too slow compared to start-ups, but they have more means)
It will be interesting to watch if this trend confirms and spreads. It might be that some people get disillusioned about the gamble of a start-up. Still, it has proven to be a driving force of employment and innovation.
