Some interesting data out today… A study done by Global Insight estimated that over the past 35 years, US companies that received venture capital had accounted for:
-10 million jobs
-$2.1 trillion in revenue in 2005 -- representing 9% of the total private sector workforce , which also represents 16.6% of the total U.S. gross domestic product
According to SF Gate – the bottom line is that venture backed companies that survive grow into market leaders.
We concur.
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