I'll save you the trouble of reading it. He argues that politicians etc are wrong to hope that economic growth will come from startups. He then redefines "startup" to make this true:
"The typical start-up is a company capitalized with about $25,000 of the founder’s savings that operates in retail or personal services."
I feel pretty sure the guys at AI are experienced enough to understand the difference between startups and random small businesses, and that they deliberately ran this story as provocative linkbait to generate traffic on a slow news day.
"The typical start-up is a company capitalized with about $25,000 of the founder’s savings that operates in retail or personal services."
I feel pretty sure the guys at AI are experienced enough to understand the difference between startups and random small businesses, and that they deliberately ran this story as provocative linkbait to generate traffic on a slow news day.