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
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
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.