Nicolas Petit @competitionprof.bsky.social · 13/01/2025We found that the digital economy has seen the addition of approximately 120,000 firms over roughly 40 years. This indicates significant entry and exit activity among small firms. 4/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025This high level of activity suggests a dynamic and competitive landscape, contrary to the notion of a stagnant, monopolistic sector 5/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025Even Reid Hoffman, not typically a big tech fan, recently emphasized this point in a viral video. He highlighted the abundant opportunities for both small players (Davids) and large corporations (Goliaths) in the digital age. 6/N 100