alt Hacker News> The regulation especially hurt small businesses, bootstrapped companies, and those making a small loss or profit.
How does this affect FAANGs?
> The regulation especially hurt small businesses, bootstrapped companies, and those making a small loss or profit.
How does this affect FAANGs?
Basically 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.