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That's a very SV view. 1% of US-based companies are publicly traded. And publicly trader companies only make up about 1/3 of national employment.
by alistairSH 5y ago
That's a very SV view.
1% of US-based companies are publicly traded. And publicly trader companies only make up about 1/3 of national employment.
- jldugger 5y ago> 1% of US-based companies are publicly traded. Well, let's broaden the scope a bit then. Beyond simply issuing new shares, you can found a new company. This happens a lot, outside the bay, you just don't hear or think about it unless it's a VC backed firm hoping to make it huge. When it's a sole proprietorship, crickets. Perhaps this is fine, but there are different modes of ownership across the country.