Politicians love tech startups, but not because of an innate curiosity or even a passion for innovation. No, they mostly love them for the jobs they create. All that rhetoric about small businesses and jobs? It’s really a small number of high-growth startups that end up doing the hiring.
And so you can imagine some heads turning in Washington at the New York Times’ headline last week "When Job Creation Engines Stop at Just One." The topic? Lean startups. Here’s the gist:
For more than a decade, start-ups have been getting leaner and meaner ... The lean model bodes well for companies like Leap2 that hope to become power players with much less manpower ... But the implications for the American work force are worrisome, and may help explain why economic output is growing much faster than employers are adding jobs.
To read the full, original article click on this link: Stop Blaming Lean Startups for Unemployment - Technology Review
