3 ms·
That part is a bit questionable. Educated people starting small companies that grew big is not something new in American business. Not even educated people star
by _delirium 11y ago
That part is a bit questionable. Educated people starting small companies that grew big is not something new in American business. Not even educated people starting small technology companies that grew big. It's possible there has been a quantitative change, with it being more common now (I'd need to see numbers to be convinced of that, but it's possible). But "practically zero concept" prior to the 1980s?
- _____________- 11y agoActually, the rate of new business creation has been falling ever since the 80's. According to [0], “Unfortunately, new firm formation has waned since the 1980s, and the recession accelerated the decline." [0] https://www.washingtonpost.com/blogs/on-small-business/post/united-states-new-business-formation-rate-continues-dropping-steadily/2012/05/02/gIQAjKOewT_blog.html https://www.washingtonpost.com/blogs/on-small-business/post/...