Do venture capitalist create jobs?
The answer is yes, just like a great many other businesses they need to hire secretaries, and lawyers and other backroom people. My pension plan does that.
Are venture capitalist needed to help create jobs?
Probably yes.
Some one has to put up money to start up businesses and for businesses that what to expand.
Do venture capitalist have to destroy jobs?
Some one has to do the dirty work of getting rid of a bloated pay roll so that the business can thrive and be sold for high profits.
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