> One key factor intertwined with this loss of dynamism: The U.S. is creating startup businesses at historically low rates. This is one of the outcomes of olig

> One key factor intertwined with this loss of dynamism: The U.S. is creating startup businesses at historically low rates. This is one of the outcomes of oligopoly, and a system that encourages oligopoly (see: "legal" tax evasion[0]). Google and Amazon, in particular, have their tendrils extended to many more areas in tech than Search, Affiliate Marketing, good Hardware, and selling products at cheap prices and highly developed operation systems. In fact, one of this year's most successful tech IPO, Twilio, put the disclosure on their filing that their entire business is toast if AWS begins offering a VoIP / SMS delivery service and start undercutting their costs. [0] https://thestack.com/world/2016/05/03/the-tech-giants-inventing-their-own-tax-regimes/ https://thestack.com/world/2016/05/03/the-tech-giants-invent...