American startups are growing at a faster rate than they have been in recent years, according to a new report.
The 2017 Kauffman Index of Growth Entrepreneurship looks at the revenue and employment performance of startups, scale-ups and high growth companies.
“Startups that turned five years old in 2016 grew an estimated 75.6 percent in their first five years of operation – from almost six employees when they were founded to more than 10 employees for surviving businesses in their fifth year. This in an increase of more than 5 percentage points compared to 2015,” the Kauffman Foundation said
