There are no more tech startups. There are startups that use technology, but writing CRUD apps to manage house cleaners and town cars isn't developing new technology.
I remember a quote from Larry or Sergey back in the early days of Google (before the dot-com implosion) that was to the effect of "Do any of those other tech startups have any actual technology?" It's always been like this - wannabes hoping to get rich quickly outnumber the genuine innovators. It doesn't mean the latter group doesn't exist, only that you have to work to find them.