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You've gotta be kidding. 99% of companies in the U.S. are small businesses, and over half of those have annual revenue under $500K (that's revenue, not profit).
by jonas21 6y ago
You've gotta be kidding. 99% of companies in the U.S. are small businesses, and over half of those have annual revenue under $500K (that's revenue, not profit). In many cases, small businesses offer immigrants a pathway to the middle class, despite lack of credentials, connections, or English skills. Are you saying they shouldn't have the right to sell their business? You talk about "authoritarian control," but what could be more authoritarian than denying people basic property rights?
And even if you limit discussion to only tech startup companies, taking away the option of selling the company in the future completely changes the risk calculation. You'd end up with fewer companies getting started, which would entrench the big players even more.