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> But most businesses aren't big. Careful there. While it may be true that there are more than 10 tech companies (MAANG x2) that doesn't actually reveal a lot
by pksebben 3y ago
> But most businesses aren't big.
Careful there. While it may be true that there are more than 10 tech companies (MAANG x2) that doesn't actually reveal a lot about the skew of the landscape, as 'most' in this case means by absolute number and not weight.
Beer is no different. There's better than a 9/10 chance that microbrew you're holding is owned by one of two companies - Miller Coors or AB Inbev (and of the two it's far more likely to be Inbev). At least, this was the case a few years ago when I was still paying attention.
If you were to count by market share or even heads employed, I think you might find that "most business" is goliaths, not davids, and in this story, david loses.
Perhaps if we had kept antitrust solid it wouldn't be so hard to keep the lights on.
- bruce511 3y agoThere are certainly market segments (like say cars) which have consolidated to the point where there are a handful of players, and they're all big. Not yet mention that "big" has a different definition everywhere - I'm going to suggest an arbitrary limit of > 500 employees. Again, it depends where upu live but if you look gard you'll see most businesses are small. Corner stores. Factories. Plumbers, electricians, car repair, and so on. Franchises. There are not just "more than 10" tech companies, there are tens of thousands of them. I have 3000 tech customers and they are 99% small (by this definition) and I operate in a market so niche it would make you eyes water. The vast majority of businesses are tiny. They are not on any stock exchange. They have < 10 employees. You will never read about any of them anywhere. Beer brewing is very consolidated, but even there micro-breweries are gaining traction. Chances are though that if you bought your beer in a national chain its not a micro brewery.