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> This trend has been running for a long time. IBM, founded in 1896, took 45 years to reach a billion 2020 dollars in revenue. Hewlett-Packard, founded in 1939,
by ed25519FUUU 6y ago
> This trend has been running for a long time. IBM, founded in 1896, took 45 years to reach a billion 2020 dollars in revenue. Hewlett-Packard, founded in 1939, took 25 years. Microsoft, founded in 1975, took 13 years. Now the norm for fast-growing companies is 7 or 8 years.
How much of this can be directly attributed to actions of the federal reserver?
Besides, when the federal government passes a $2T spending bill, isn't that basically guaranteed to create more billion dollar companies?