The Bloomberg U.S. Startups Barometer is a weekly indicator that tracks the well-being of the environment for private tech companies. The index peaked at 1545.32 on June 24, 2019. On February 10, 2020 it fell to 833.74.
The Bloomberg Startups Barometer may only be down 25.45% from a year ago. However, it’s down a whopping 46.0% in a mere 7 months.
Does this seem like an economy that is about to reignite?