No. of Recommendations: 6
Does the data show that all 875 were public companies? Or were many of them private?
I wondered the same thing. I am reasonably sure they included private companies.
But of course many/most private companies that are significant enough to attract the attention of the giants (and notice by Crunchbase) would probably otherwise have become public at some point, so rather than dropping the count of listed companies in this case they perhaps "merely" prevented the count from replenishing itself. In terms of reduced opportunities for public investors, and industry concentration, it amounts to the same thing.
Jim
