On a slightly more meta level, I have serious concerns about even the most rock star entrepreneur’s claim to job creation, on a net basis. Let’s look at the newspaper industry (just in case I haven’t depressed you enough already.) In 1990, the industry employed 460,000 people. Today it employs 250,000, and is projected to shrink to 180,000. The two companies who sucked all of the profits out of that business, Google and Craigslist, collectively employ about 25,000 people (Craigslist makes up 30 of that number. Not a typo.) So, did the heroes who founded and funded Google and Craigslist create 25,000 jobs, or did they destroy a quarter million jobs?
