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Since the late 1990s, the number of US publicly traded companies has plunged from just over 8K in 1996 to about 4.6K in 2022. (It’s bounced back a bit more recently.)
Just a handful of giant, financially powerful technology companies have snapped up literally hundreds of smaller firms since the late '90s. Data from Crunchbase shows that Google, Microsoft, Apple, Meta, Amazon, and Nvidia have together acquired an eye-watering 875 companies.
sherwood.news - The number of public companies has fallen fast 