But a study out this week shows that venture capital's impact on the economy in general has been enormous over the past 30 years. The National Venture Capital Association says venture-backed enterprises formed over the past 30 years now represent 3 percent of the U.S. payroll and more than 7 percent of the U.S. domestic product.
Newspapers win prizes for long series of articles on weighty subjects.
The New York Times won a Pulitzer Prize for its 15-part series on race in America. The Oregonian , in Portland, won for a six-part series on U.S. immigration service abuses. And The Chicago Tribune won for a four-part series on the nation's air traffic control system. Listen as Kaus talks about Series-Skipper with Morning Edition host Bob Edwards. And check out the Series-Skipper Web site .