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Rise of the Silicon Valley Small Business
But where Roxane sees the demise of small business, I see the rise of micro-business.
Robin Chase • Peers Inc
5 Reasons Why Micro-Businesses Will Define the Future of Work
Silicon Valley is obsessed with billion-dollar businesses. We are constantly hyping our unicorns-there are now more than 200 of them. As a result, it is easy to forget that 99.9% of US businesses are, in fact, very small. The US alone has more than 20 million XSMBs (extra small businesse... See more
Silicon Valley is obsessed with billion-dollar businesses. We are constantly hyping our unicorns-there are now more than 200 of them. As a result, it is easy to forget that 99.9% of US businesses are, in fact, very small. The US alone has more than 20 million XSMBs (extra small businesse... See more
Allison Baum Gates • The Rise of the XSMB and the end of corporate jobs that we hate
The essential nature of a startup is not that it is a new business but that it is a new business set up to grow very quickly—in Paul Graham’s phrasing, it must be “designed for scale.”1 Thus, a programmer who decides to open a consulting business to help clients build Web sites is starting a small business, not a startup.