I'd hazard a guess that the industry is Power Law distributed, as opposed to Gaussian distributed. Power Laws take a few names depending on your field, but som

I'd hazard a guess that the industry is Power Law distributed, as opposed to Gaussian distributed. Power Laws take a few names depending on your field, but some common ones are Pareto distributions, winner-take-all, or fat-headed/long-tailed. The underlying math is the same though. These distributions are also quite wide ranging, everything from tax bills to the size of asteroids is Power Law distributed. If anyone knows the 'mechanism' as to why so many disparate measures end up as Power Laws, I'd love to read more on it, as I;m sure other HNers would too. https://en.wikipedia.org/wiki/Power_law https://en.wikipedia.org/wiki/Power_law