This booklet published by Hewlett-Packard in 1964 is a fascinating snapshot of what was arguably the earliest "tech company." It crackles with optimism. 1964 was definitely time to build. http://www.hp.com/hpinfo/abouthp/histnfacts/publications/measure/pdf/1964_09-10.pdf …
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The US tax rate was 70% for people and 48% for corporations (who were not people then). Must have been a terrible time to build a company.
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Replying to @BetterCeo @gassee
Indeed, there were far fewer startups then.
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But not fewer businesses?
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Replying to @BetterCeo @gassee
Considering that most businesses are small retail and service business like plumbers and shoe stores and so on, I would guess there weren't fewer businesses, no.
4:43 PM - 28 Mar 2021
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