This. The compliance requirements take out an entire tier of small companies and short run products. This eliminates a lot of potential startups at the first stage.
You don't get quite so many big companies without going through the small company stage. You're limited to VCs and spinoffs of other megacorps.
But I guess everyone is happy with the equilibrium that's actually emerged (buy your unregulated short run electronics from China).
$10k is peanuts for starting a small business in many industries. It does not even buy you a truck. You don't need VC or a megacorp; this is well within the range of standard business loans.
Comments
This. The compliance requirements take out an entire tier of small companies and short run products. This eliminates a lot of potential startups at the first stage.
You don't get quite so many big companies without going through the small company stage. You're limited to VCs and spinoffs of other megacorps.
But I guess everyone is happy with the equilibrium that's actually emerged (buy your unregulated short run electronics from China).
$10k is peanuts for starting a small business in many industries. It does not even buy you a truck. You don't need VC or a megacorp; this is well within the range of standard business loans.