The Cringely 2010 (Not in Silicon Valley) Startup Tour

Small companies create jobs in America.

According to a recent study by the Ewing Marion Kauffman Foundation, companies less than five years old generated nearly two-thirds of the new jobs created in the U. S. in 2007. But what’s even more important is that without these startups more jobs would be lost than created, the U. S. economy would permanently shrink and America would eventually lose its superpower status, simple as that.

This is because big companies grow by increasing scale and productivity, which is to say by reducing the number of jobs per unit of sales, while startups grow by inventing cool stuff. See the difference?

The startups that most reliably become giant American […]

Bob on Video!

I recently participated in a conference for financial bloggers at the Kauffman Foundation in Kansas City, MO.  Kauffman, if you haven’t heard of it, is dedicated to the promotion of entrepreneurism and supports more economic research than any other foundation.  It is a fabulous place and I really enjoyed the conference.  For some reason they felt inclined to interview me, too.  There are plenty more interviews to be seen at the Kauffman web site (interviews with really smart people, too, not just folks like me): Kauffman Conversations

And a Network Engineer Shall Lead Them


Friday I was in Kansas City for a meeting of economics bloggers held at the Kauffman Foundation.  My claim to being an economics blogger is slim, I know, but it was a chance to hang with some interesting people and learn something so I went for it.  And in honor of that event, then, I’m making this column entirely about how we can tell when the economy is finally turning.  There’s a strong argument that time is right now.

Yet the economy doesn’t feel any better to me.  Does it feel better to you?  Probably not.  But what we’re looking for is the bottom, or rather that moment just past the bottom when things […]