Investing is also not necessarily more successful than starting a venture. While it is true that investment across established companies offers a sense of security, the startup and new businesses are still very potential and successful in some industries, such as AI, fintech, and SaaS. In fact, in 2023, early-stage funding into startups stays robust, with bigger investments for some, though late-stage funding has fallen. Thus, it still is a very good avenue to pursue for those who have great support networks and a calculated risk.

On the other hand, it is also important to take note that 9 out of 10 startups fail, I believe it is where your point about accepting losses comes in.  Data shows that many entrepreneurs remain optimistic, with more than expecting their businesses to survive even in challenging economies. .https://fitsmallbusiness.com/entrepreneurship-statistics/