Reeves: 500,000 new US employers start yearly and only half survive five years
Josh Reeves · How Gusto’s $10B founder raised $6M, built a team of 5—& hit $5M ARR in just 2 years. | Josh Reev... · PMF Show · Jan 6, 2025 · at 5:48
Josh Reeves, co-founder and CEO of Gusto, discusses the baseline statistics of US small business creation and survival rates.
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“There's about 500,000 new employers each year in the U.S., and only about half make it to year five.”
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