Mr. Yang is running for mayor of New York City as a bold thinker and entrepreneur. But his results have been uneven.
The idea back in 2011 was as simple as it was ambitious: help struggling American cities by recruiting promising college graduates, finding them jobs at start-ups in those cities and training them to open businesses of their own.
Only a small fraction of the group’s alumni have started companies, and most of those businesses have either closed or moved to traditional start-up hubs like Silicon Valley. Today, only about
150 people work at companies founded by alumni in the cities that the nonprofit has targeted.
A self-described “numbers guy” Mr. Yang left the group’s budget depleted, tax filings show. In 2017, when he left to run for president, the nonprofit
spent $2.6 million more than it raised, ending the year with only about a month’s worth of cash in reserves.
Yep, sounds like the typical Democrat.
Andrew Yang Promised to Create 100,000 Jobs. He Ended Up With 150.