Silicon Valley’s secret: Startups in the U.S. are in long-term decline

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If you read the headlines in the tech press, you might reasonably assume that every 20-something in America is somehow launching an Uber or Snapchat-inspired startup — and magically receiving billions in venture financing

Not so.

Entrepreneurship is finally on the upswing again in the U.S. — but it still has a long way to go to reach pre-recession levels.

Last year, 310 adults out of every 100,000 launched a new business on average each month in the U.S., compared to an average of 280 entrepreneurs per month in the year prior, according to new data from the Kauffman Foundation, which tracks entrepreneurship by city. Read more…

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