Startup America, a White House-led partnership of private companies and investors to promote entrepreneurship in the U.S., is another sign of overreaching of the government and bound to fail to produce returns.
The government should instead enforce free-market models, not extend the reach of investment cartels.
Judge for yourself, but I expect more of the same Venture performance from the natural practices of its supporters, AOL Inc. co-founder Steve Case and the Ewing Marion Kauffman Foundation and other groups participating include Astia, Blackstone Charitable Foundation, Ernst & Young LLP, Google Inc., JumpStart Inc., MassChallenge and TechStars.
