Nearly a decade after its launch, it's clear that—despite Yang's campaign trail assertions to the contrary—Venture for America's actual impact has not kept pace with its founder's ambition.
The entrepreneur became CEO of Manhattan Prep, a test-prep company that was acquired by Kaplan in 2009.was talking about one of his key qualifications to be president of the United States -- his track record of creating"thousands of jobs."
Venture for America's job creation claims were removed from its website shortly after the organization received questions from ABC News. A spokesperson told ABC News the numbers were outdated. That has led some critics to call Venture for America's tally – upon which Yang has bolstered his campaign credentials -- into question.John Dearie, the president of the Center for American Entrepreneurship, said that method was"misleading."
Earlier this week, Venture for America's website claimed credit for 365 jobs created by 129 fellow-founded companies.Yang's outsider bid for president will be put to the test by voters in Iowa and New Hampshire in the coming weeks. His campaign has relied heavily on his upbeat personality and a policy agenda that centered on workplace innovation that will create opportunities for those left behind in the modern American economy.
"It's very hard to track job creation in general because there are lots of variables that contribute to it," Dyer told ABC News."If you are trying to look at the impact of a specific social innovation that is designed to be a catalyst for multiple jobs created, it's very hard to claim that one thing as being the source of it."
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