Friday, April 24, 2009

swashbuckling venture capitalists—veritable corsairs--or welfare queens?

You be the judge. 

JumpStart receives 52 percent of its funding from federal and state government, including a significant portion from Third Frontier, a statewide program aimed at creating industries and jobs in high-tech areas.

See related article, Average pay in Cleveland area in 2007 was 3.3 percent below U.S. average,  and its telling *.pdf,.

From the *.pdf,  note that 16.4% above in 1969 and 3.3% below in 2007 is a spread, a fall, of 19.7%; do you think things have improved, relatively, since 2007? And look at the state overall…

JumpStart Inc. invested 29 percent more in early-stage companies last year -

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