“About two-and-a-half decades ago, the U.S. was home to more than 95 percent of global startup and venture-capital activity. Today, that share has been cut to a little more than one-half. And the pace of that decline is accelerating, with more than half of the fall occurring in just the past five years.” CityLab: America Is Losing Its Edge for Startups.

+ After today’s market performance, people might think twice about launching their startup at all. In a word, Ugh.