We cannot deny that we live in a changing world. Technology and software have made companies today look very different than they used to. This process of change will continue and have far-reaching consequences. The average lifespan of companies is getting shorter and shorter. Forecasts show, among other things, that 70% of Midcap companies will lose their listing over the next ten years. Moreover, with the current outflow of 75%, the entire S&P 500 index is expected to be made up of different companies in 2027 than it is today. We have also seen that new startups can grow very
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