What Entrepreneurship? »

FT has an interesting Lex column today about US employment. Two things about entrepreneurship in particular stood out:

1. “Since 1977 about 700,000 new businesses have been started in the US every year. The number barely changes from year to year.”
2. “A ballooning in both venture capital funding and university courses on entrepreneurship since 1980 has had no effect on the rate of business formation.”

Wouldn’t have guessed that.

Via: What Entrepreneurship? // NoahBrier.com

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   And this is why we’re friends. Good fucking conversation.

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    Super interesting. I was debating this with some of...MBAs here at work. Its nice

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    heyitsnoah:...

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    You can’t teach business, that’s true. You...the character to start running businesses.

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