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Patrick Boyle On Finance — New Companies Vs. Old
Buzzing ratingBUZZING· 70%10m·2021-04-16·Money

New Companies Vs. Old

Patrick Boyle On Finance

Send us a textA study by McKinsey found that the average life-span of S&P 500 companies has fallen from 61 years in 1958 to less than 18 years today. McKinsey predict that, by 2027, 75% of the companies currently included in the S&P 500 will have disappeared.So, What happens to these companies? Well, many will be…

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