15 February 2010

Smart City Memphis Blog Post: New Heroes

Take a look at my blog post on Smart City Memphis on Entrepreneurs, the Memphis Economy and Our Culture.


Here are the quick hit facts in the article as a teaser:
Fact 1: Over the past 30 years, young companies have accounted for a massive amount of all net jobs (more than two-thirds).
Fact 2: Each young company creates an average of 4 jobs every year.
Fact 3: Since 1977, without startup companies, net job creation for the American economy would be negative in all but a handful of years (meaning we would have lost more jobs than we created over the past 30+ years).