Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
The United States is currently experiencing a significant startup boom, influenced by various factors including the pandemic, advancements in AI, remote work capabilities, and the appeal of lower-cost metropolitan areas like the Carolinas. This growth is notable not just for its scale but also for its geographical diversity, spreading into smaller cities nationwide. Despite challenges such as elevated interest rates and a slowdown in venture capital funding, the startup sector has been a major job creator, supported by historically low unemployment rates. In the last four years, startups have added jobs at a rate that outpaces established firms, which have seen a net job loss in comparison.
Although America has a deserved reputation of being at the cutting-edge of innovation, fuelled by entrepreneurial vim, in recent years some economists have worried that this reputation no longer holds true. An array of data indicate that is changing https://t.co/pFWnwg95P7 👇
Despite elevated interest rates and the VC cash spout slowing to a relative trickle, the US is experiencing a startup tsunami, according to The Economist. Historically low unemployment may be to thank. https://t.co/1cjqHZTcex
A wave of startups have been launched in America over the past few years. Many will fail. Some will succeed. Together they suggest profound change is afoot https://t.co/U4T0dZkJv6 👇
