CHAPEL HILL – Employment grows at a much faster rate at venture capital-backed startup companies than other private-sector firms —roughly eight times faster, a new report finds.
The analysis of employment data examines “employment dynamics” of more than 67,000 U.S. companies that received venture capital (VC) investment during the period between 1970 and 2020. It was conducted by researchers at the Kenan Institute of Private Enterprise and the National Venture Capital Association (NVCA).
