Job Creation from Startups
4K
2K
0
-2K
-4K
-6K
-8K
1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 Date
Firms 0–5 years old
All others
Source: Mandel , How the Startup Economy is Spreading Across the Country — and How It Can Be Accelerated
Virtually 100% of all new jobs in the last 30 years have come from new company startups. This is true of all developed countries, and the US job data shows this particularly well. Angels play a critical role in the economy, investing in 27 times more startups than VC investors (NACO Academy Module 101). The total size of the Angel asset class is now as large as the entire VC industry in Canada. As the infographic from GTAN shows, their group’s investments alone have created over 1,000 jobs.
16 A Practical Guide to Angel Investing
Powered by FlippingBook