America has become an entrepreneur's paradise
economist.com
America has become an entrepreneur's paradise
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Re: America has become an entrepreneur's paradise
#2Re: America has become an entrepreneur's paradise
#3Re: America has become an entrepreneur's paradise
#4A common refrain is that all the "entrepreneurs" are just gig economy workers, and I was initially skeptical of this too, but it does seem to check out. The top industries with aren't related to gig economy or truckers, in fact that industry shrunk.
https://www.economist.com/content-assets/images/20260801_EPC...
Re: America has become an entrepreneur's paradise
#5Re: America has become an entrepreneur's paradise
#6Seems like Instagram (and TikTok) are a big part of the story here. A lot of these 'buy my hat with a funny slogan' or 'buy my lotion' stores on Shopify, Etsy etc are highly dependent on direct-response ads / performance marketing so their fates are tied to these social media platforms
Re: America has become an entrepreneur's paradise
#7Seems like Instagram (and TikTok) are a big part of the story here. A lot of these 'buy my hat with a funny slogan' or 'buy my lotion' stores on Shopify, Etsy etc are highly dependent on direct-response ads / performance marketing so their fates are tied to these social media platforms
Ie, a junk economy. None of this produces value, if anything it's parasitic.
Re: America has become an entrepreneur's paradise
#8I like that this article has no byline
Re: America has become an entrepreneur's paradise
#9Re: America has become an entrepreneur's paradise
#10I like that this article has no byline