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Most 'small businesses' are not startups. Far from it. They are shops, restaurants, contractors, accountants. Even most 'big companies' are just small one's t
by sonnyblarney 8y ago
Most 'small businesses' are not startups. Far from it.
They are shops, restaurants, contractors, accountants.
Even most 'big companies' are just small one's that grew into something. Starbucks, H&M, IKEA. They were never the kind of 'entrepreneurial' in the Valley/Startup sense.
It's why VC/Valley is so focused on tech because there are inherent multipliers.
Uber and WeWork are providing a value add. Both of them have upped the game in some way. Yes - the funding bubble distorts everything miserably but that doesn't take away from the fact that people want cheap and fast rides, and they want cool places to work.