Is there any evidence that, in the long run, startups are net job generators?

I remember around the year 2000, there was a newspaper clipping about a guy that had received an award. It might have been a nobel prize, but I cannot remember now.

He essentially proved that mergers and acquisitions destroyed jobs. Yes this seems intuitive, but he backed it up with proof.

Large companies are ingrained in their industry, and when you see them in the news, it is usually related to mergers and acquisitions.

So if larger companies do not create jobs, who creates them then?

I would say it is successful startups. Are they net job generators, I do not have any data to prove or disprove that. But I can say that new innovation provides more opportunities for job creation.

Definitely. Remember that startups include the hugely successful ones. If Google and Facebook had been started in Spain instead of the US, do you think Spain would have more jobs now?

For programmers, obviously. For steel workers, or taxi drivers, definitely not.

I think the books are balanced. First the startups generate jobs. Next "government intervention" imposes a minimum wage, and startups replace half of work-force with.. technology. Like it just happened recently in the USA with some food chain as I've heard.