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I'm not laughing at you; I'm laughing with you ;) I'm definitely open to an alternate figure -- I just feel Kaufman is reputable to trust. To answer your ques
by sscheper 18y ago
I'm not laughing at you; I'm laughing with you ;)
I'm definitely open to an alternate figure -- I just feel Kaufman is reputable to trust.
To answer your question, half a million yearly (465,000)*(12)=5,580,000
- noaharc 18y ago5,580,000 is intuitively a ridiculous number, and the reason they use it is that their definition of startup is incredibly lax. First, they're looking at businesses of all types, not just the scalable, tech-oriented businesses that we typically consider startups. The states with the most entrepreneurial activity, by their metric, were "Montana, Mississippi, Georgia, Oklahoma and Maine". Pretty clear we're not dealing with startups then. Second, they are counting (or attempting to, anyway) all businesses, incorporated or unincorporated. Everything from your neighbor's babysitter to Bechtolsheim's latest, I guess. So, pretty much worthless. But it did get our attention.