The Dark Side of Startups
Behind all the rosy proclamations about startups lies a less-talked-about reality: many fail after only a few years, and those that do survive often stay small or continue to struggle. The jobs they do create may, in effect, be offsetting the jobs being lost at other startups. Startups may not be the almighty "wealth creators" they are cracked up to be.
Dávila, Antonio, "The Dark Side of Startups: In celebrating the successes of startups, let's make sure we don't ignore some harsh realities". IESE Insight 13/12/2016
Reference: 10.15581/002.OPI-3907 (DOI)