Re:Startups ‘are staying private way too long’ says Marc Ben...
by mikeg8 on Friday October 04, 2019 @01:08AM
(#21154944)
>> Small and medium sized business, are more like a stage in lifecycle than an exemplar. They either get merged or sold into a larger entity or they grow to become a larger entity.
Totally inaccurate. Having trouble finding sources but something like 99% of small business in US will remain under $5mil annual revenue, a fraction of a percent will be acquired. I'm talking all sectors, not tech.
Even if individual capitalist isn't motivated by greed, the market itself is. It's literally built on presumption of infinite growth.
Small and medium sized business, are more like a stage in lifecycle than an exemplar. They either get merged or sold into a larger entity or they grow to become a larger entity.