The fomo in tech and tech investing has been bad and worsening for decades. Theres this philosophy that it’s worth throwing $ down a hole as long as you hit the occasional home run.
I think if any of them happen to survive or even just get momentum - when the startup honeymoon is over I think they struggle to pay their own way and stand on their own feet - takes a lot to change into a stable everyday business it seems. Especially if based on vapour.