Tech Ka-BOOM

Tech startups lead VC funding and foster job growth.

By Laurie Hileman

Unicorn

Tech industry name for startups valued at $1 billion or more by venture capitalists.

Rapid Job Growth

Though they start lean, new high-tech companies grow rapidly in the early years, adding thousands of jobs along the way.

Job Creators

Though they start lean, new high-tech companies grow rapidly in the early years, adding thousands of jobs along the way.*

$48.3 BILLION

Amount pumped in to U.S. startups by venture capitalists in 2014. Software startups accounted for 41% of total funding.**

Top 3 Reasons Why Startups Fail***

Connector.
No market need
Connector.
Ran out of cash
Connector.
Not the right team

Sources:

*http://www.kauffman.org/newsroom/2013/08/young-hightech- rms-outpace-private-sector-job-creation
**http://www.bloomberg.com/news/articles/2015-01-16/it-s-of cial-startup-funding-last-year-was-biggest-since-2000
***http://fortune.com/2014/09/25/why-startups-fail-according-to-their-founders/