Why adult children are going back to their parents

When Anand’s (name changed) third startup had failed, he lived briefly on his sister’s couch and had returned to his parents’ house. He had lost all of his money. And having raised money from angels mostly, all friends, he felt defeated with nowhere left to hide his face.

Over and over, I have seen this happen all around me. Having received impressive degrees from renowned universities, including several Ivy League ones, they are jobless wondering what they had done wrong, what more could they do, where do they go from here (often with huge student debts).