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> The vast majority of operating companies formed in the US, and I suspect most countries, are small businesses (shops, restaurants etc) My understanding is mo
by muzz 10y ago
> The vast majority of operating companies formed in the US, and I suspect most countries, are small businesses (shops, restaurants etc)
My understanding is most of these are retail (think mom-and-pop shops), construction, and professional services (think solo-practicing doctors, lawyers, accountants, etc).
The fact that I can join Google instead of incorporating Muzz's Software Consulting Services should be a good thing, not a bad thing.
- gumby 10y agoI am not sure I understand your comment. The article claimed that the change in the number of startups had a materially bad impact on the economy. I claim that small business and startups, collectively, have only a small impact on the economy -- and that the article's data didn't support its conjecture. Of course Google, Apple, GE, Exxon (Standard Oil) and Boeing were all startups at some point, so without startups you don't have an economy, but the breakout in terms of affecting employment is in the large companies. So yes, google hiring is good for you and is believed by many to be good for the economy in general.