Blog / ChangeThis
By Craig Hall, Linden Gross
"Over the course of the last several decades, the number of new startups in the U.S. has been on a steady decline. In fact, from 2008 to 2011, more U.S. businesses died annually than new ones were started for the first time in recorded history. Add to this that according to the Economic Innovation Group, only twenty counties—out of 3,149—generated half of the net new businesses between 2010 and 2014. Additionally, 75 percent of venture capital in the U.S. goes to only three areas—Silicon Valley, New York, and Boston. This has left much of the United States a wasteland in terms of entrepreneurial activity.
And the punches keep on coming."