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> The regulation especially hurt small businesses, bootstrapped companies, and those making a small loss or profit. How does this affect FAANGs?
by iooi 1y ago
> The regulation especially hurt small businesses, bootstrapped companies, and those making a small loss or profit.
How does this affect FAANGs?
- sixhobbits 1y agoBasically it's more about cash flow than profit. In the example, you can claim those expenses back eventually so if you survive the initial $1M hit then after the time period has passed you're back to normal. For a small business this is astronomically harder than for Google.