[iooi]

> The regulation especially hurt small businesses, bootstrapped companies, and those making a small loss or profit.

How does this affect FAANGs?

[sixhobbits]

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.