Connecting the Dots: How New Job Creation, IPO’s, and Venture Capital in America Are Intimately Linked
Pascal's View
AUGUST 28, 2010
6) The most efficient fuel for this IPO engine is venture capital. The study reveals that, both on average and for all but seven years between 1977 and 2005, existing firms are net job destroyers, losing 1 million jobs net combined per year. Microsft, Apple, Google, Cisco—have been funded by venture capital.”.
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