I agree this is good news and, if the money continues to be invested in start-ups, they may be able to buck the overall economic trend. The problem is at some point, unless there is a marekt for new products, the money may dry up. I agree the current economic market conditions make everyhting look risky, but if investors have faith in the business model and continue to invest, these compnaies may set the pace for the next stage of economic growth
Barbara, this is a highly welcome news. It is a good a cheer in the present global economic climate - I think its a step forward in the right direction.
The fact that the report recorded 83 percent planning to hire this year nationwide indicating an increase in hiring already in place for startups businesses in IT, Health care and Customer service industries, is pleasing to hear.
Provided this is happening as the report stated, further growth impediments are surmountable. This is beneficial for the economy and the political environment too, so with a bit of lobbying and envidence that something is moving well in a positive direction as indicated by the report,equity access would somehow open up to sustain the growth - don't you think?
I found this data surprising given the overall economic conditions. Companies that have the cash are hoarding it so the fact that investors would risk money in new start ups is surprising. It is indeed good news though and with unemployment still high, start ups have a large pool or talented, experienced personnel to draw from.
Nemos, this is quite different from what i have heard about the investors who want to invest in startups. Usually investors are not so much interested in let's say 5 year or 10 year plan but they look for fast return on their money. So most of the investment has been in the IT, where the product delivery time is quite short.
If investors are putting money in startups where the business model itself is for the long term then it is indeed a very good news.
Saranyatil, I am not too sure whether startup are too picky on inverstors and employees but one thing is sure that they (and the people working in them) are full of energy and hope. I have worked in a startup and there is so much freedom to work. Most of the startups do not have hierarcy and try minimal paperwork. Good place to work and learn for fresh graduates!
I believe Nemos has caught the point, truly; nowadays start-ups have to create not a new bubble era, but a stable era. Hiring as current trend outside US to reduce costs cannot be alone but in pairs with other criteria to sustain a real plan for business, jobs, people and market.
According to me Startup companies have huge potentials because they are very careful in picking the stake holders and engineers. Now with a groomed economy it is definitely going to be a plus for huge hiring and lot of people venturing into small companies.
Good to hear and pleasant to know that tech jobs are opening for hiring. It is quite obvious that many investors are being careful in what they investing in, but getting people back to work is a good sign of revamping the economy. It is a good turning point. I hope it stays.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.