Happy Birthday to what has become the lifeline to millions of
Americans—many of whom are and still are entrepreneurs---Social
Security. The mammoth government agency that employs more than 65,000
people and whose traditional blue and white lettering has become a
symbol of financial stability for Americans 62 years old and older,
turns 80 years young in August. Question is will it still be around for
another 80 years?
According to the Center for Venture Research---at the Peter T Paul
College of Business and Economics at the University of New Hampshire,
angel investors invested about $24.1 billion in more than 73,000 small
businesses in 2014. Many of the investors were in start up or
preliminary companies and about one third of those small to mid-size
enterprises were African American or Hispanic-owned.