[eddieroger]

The barrier to entry for a software company is nearly non-existent these days, where it's still really high for hardware. I can learn how to code, write an app, market and sell it all from a computer I can buy from Target or Walmart. Hardware is significantly harder to learn, then I'd have to source components, and scale beyond a prototype takes a significant amount of money. Scaling software is done with a button. You see more software made in the private sector because it's so much easier to do.