‘The Impact of Angel Investors’ or ‘Why startups are essential to job creation’, you choose

by Trevor Stafford on March 9th, 2010

 

This piece in Business Week hammers home both the need and impact of financing for young technology companies.

 

Check out the second column. Those are the jobs created by the companies in each investor’s portfolio

 

Via Business Week

Via Business Week

 

As you can see in the small piece I’ve taken from their spreadsheet, angel investment in the US generates hundreds of thousands of jobs.

 

If a mere 10% of those jobs were created in Canada we’d be that much farther ahead.

 

What do you think? Other than the fact that the list is top-heavy, what flaws and issues do you see?

 

Can Canadian angels replicate this? Are they already?

 

Communitech is the hub for the commercialization of innovation, creating economic prosperity by removing barriers to the creation and growth of tech companies. Our goal is to create more successful global tech businesses for Canada.

Leave a Reply

Videos, Slideshows and Podcasts by Cincopa Wordpress Plugin