The stereotype of the "angel investor" is a retired wealthy entrepreneur who sees potential, asks tough questions, takes a large stake, and in a few years makes a massive return in an IPO. This outsider fills the gap between the venture capitalist and the professional investor, swooping in with...

Cover -- Half Title -- Title -- Copyright -- Dedication -- Contents -- Preface -- Introduction -- 1 Something Is Happening, but We Don't Know What It Is -- 2 The Good News: Most Measures of Entrepreneurship Have Improved -- 3 Entrepreneurial Earnings Are on the Rise -- 4 Riding High -- 5 The...

It’s become an article of faith that American entrepreneurship is in trouble. The problems are many: lack of capital, too few entrepreneurial immigrants, excessive regulation, an aging population, slowing population growth, and rising student debt. But while experts across the country debate...

There are far more entrepreneurs than most people realize. But the failure rate of new businesses is disappointingly high, and the economic impact of most of them disappointingly low, suggesting that enthusiastic would-be entrepreneurs and their investors all too often operate under a false set...