Scott Sandell and several of his New Enterprise Associates colleagues unveiled Innovate for America, a campaign to encourage American companies with at least one immigrant founder to publicize the number of people they have hired in the United States. So far, 38 companies are involved and more than 3,700 jobs recorded. Companies that participate can place an Innovate for America widget on their Web pages.
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“Some people are paying valuations that are completely absurd.”
–Scott Sandell, general partner with New Enterprise Associates, speaking with Forbes on prices being paid on secondary markets, including for shares in companies that Sandell has backed.