More Startups, Fewer Jobs — Interview with Donna Harris, CEO, Builders + Backers
Small Team Big Scale by Ron Schmelzer, Scalebrate
Episode notes
Presented by Zapier, the AI automation company
Startup job creation peaked at 7.9 jobs per 1,000 people in 1997. Today it's 5.3 — a 33% decline — even as startup formation hits record highs. Donna Harris, CEO of Builders + Backers and six-time entrepreneur with multiple exits, joins the show to explain why "more startups = more jobs" is no longer true, and why that might be the signal small-team founders have been waiting for.
Donna breaks down Kauffman Foundation's latest data showing entrepreneurship is broadening while job creation per startup is falling, why people without a high school diploma now start businesses at 2× the rate of college graduates, and how AI is accelerating a shift the ecosystem infrastructure hasn't caught up with. She argues we should o ...