2 ms·
The last great era of startups in the USA was the 1960s, when many of the best advertising agencies launched, and a great many fast food chains launched, to cat
by lkrubner 8y ago
The last great era of startups in the USA was the 1960s, when many of the best advertising agencies launched, and a great many fast food chains launched, to catch up with the success that had already been demonstrated by McDonalds.
I've been collecting articles on this theme for awhile. Here is a chart:
The decline of USA investment since 1964
http://www.smashcompany.com/business/the-decline-of-usa-investment-since-1964 http://www.smashcompany.com/business/the-decline-of-usa-inve...
Here is a summary of the situation:
The decline of entrepreneurialism in the USA
http://www.smashcompany.com/business/the-decline-of-entrepreneurialism-in-the-usa http://www.smashcompany.com/business/the-decline-of-entrepre...
- lkrubner 8y agoAlso important is that startups today are largely built in the hopes that someone will buy them, whereas the startups for the 50s and 60s were built in the hopes of remaining successful, independent companies.