In the last 30 years, the number of public companies has been cut in half

https://twitter.com/ToddZywicki/status/2044167534681936085

Article

  • Washington Post opinion piece (linked via tweet) on shrinking public markets
  • US public company count roughly halved over ~30 years
  • Underlying article argues lawyers/compliance costs drove the decline

Discussion

  • Sarbanes-Oxley (2002) and rise of private capital markets cited as key drivers
  • Commenters note consolidation: most industries now 2–5 giants with same shareholders
  • Frustration that the tweet links to a WaPo paywalled piece with no direct link
  • Alternative view: Reg CF/Reg A/crypto expanded semi-public options in parallel

Discuss on HN


Type Link
Added Apr 16, 2026
Modified Apr 16, 2026