27% of the companies in the 2020 DJIA had living founders. 7% of the companies in the 1959 DJIA did.
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Founder mortality just ain’t what it used to be
That's part of it. The other part is that companies grow faster than they used to.
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This is the scary part. It's all rush, vc money, gig economy stuff, not alot actually gets to stand on It's own now and weather valuable storms.
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What do you mean? Most companies that are on the S&P 500 are profitable and not related to the gig economy.
End of conversation
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