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Why We Shouldn’t Worry About the Declining Number of Public Companies

Harvard Business Review

In a parallel development, the number of companies listed on U.S. The number of listed firms can decline because of three developments: 1) bankruptcy, failure, or closure of listed firms, 2) delisting of firms going private or acquired, and 3) decrease in number of initial public offerings (IPOs). westend61/Getty Images.

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How Software Is Helping Big Companies Dominate

Harvard Business Review

In 2011, venture capitalist Marc Andreessen declared that “software is eating the world.” Even outside of the tech sector, the employment of more software developers is associated with a greater increase in industry concentration, and this relationship appears to be causal. What’s Driving Industry Concentration.