I didn’t understand how much the nation truly left these folks behind until fellow small business and crowdfunding advocate Kathleen Minogue brought something to my attention this yesterday morning . She explained that in the past few years, new business formation really only occurred in just 20 counties in the United States, according to a study by the Economic Innovation Group. Think about that for a second : Of all the counties in the U.S., new business formation was concentrated geographically in only 20 of them. Here’s a graphic that visualizes how new business formation has becoming increasingly concentrated over time for a different type of elite:
By: Amy Wan, Crowdfund Insider
Read the full article here.