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My problem with this article and this approach to "saving the economy" make little sense to me. While I believe startups and entrepreneurs who are starting now
by bdotdub 18y ago
My problem with this article and this approach to "saving the economy" make little sense to me. While I believe startups and entrepreneurs who are starting now will lead the next wave of great companies, I don't think giving them money now will yield immediate results that we seem to need.
Yes, startups are strapped for cash, but even if you give them money, it doesn't mean job creation like the tagline of the article says. Growth and job creation won't be significant until the company is more established.
Secondly, most startups want to stay small, not because of lack of capital, but because they can be adaptive and nimble. Again, until the company matures, growing tthe company != growing the employee head count
I feel like instead of smaller startups, there should be something similar for small business. They won't have to go through the hardships of establishing the company and hopefully they'll already be profitable, etc. that a startup won't have/