Montag, 17. Juni 2013

Follow the money!

Hey Startups! In case you want to follow the VC money here is the list of the Top 20 locations in the US. BTW: Silicon Valley dominance is over, now San Francisco is on top. And: the east coast comes closer, which is a good thing for european startups (at least the flight is much shorter;).
Ever heard of Provo-Orem? It's a small city in Utah, a bit more than 500,000 people live there. And guess what? They generate 168m/year VC capital. How much does  Berlin? I think there is no correlation of being a Partytown/Hip Place and the money which is raised. Sorry for that, Berlin, but you better focus on being an event park. The race is over, dont start to run now.

Top 20 Locations for Venture Capital Investment (taken from from theatlantic)
InvestmentsDeals
RankMetropolitan Area
(listed by core city)
Dollars
(Millions)
Share of TotalNumberShare of Total
1San Francisco-Oakland, CA$6,89625.6%74419.7%
2San Jose-Sunnyvale, CA$3,98514.8%41511.0%
3Boston, MA$3,10111.5%40810.8%
4New York, NY$2,2698.4%37910.0%
5Los Angeles, CA$1,6776.2%2326.1%
6San Diego, CA$1,1344.2%1032.7%
7Seattle, WA$8863.3%1123.0%
8Austin, TX$6262.3%872.3%
9Chicago, IL$5472.0%711.9%
10Washington, DC$4841.8%1173.1%
11Philadelphia, PA$3471.3%1052.8%
12Denver, CO$2641.0%531.4%
13Atlanta, GA$2621.0%531.4%
14Boulder, CO$2561.0%401.1%
15Minneapolis-St. Paul, MN$2560.9%290.8%
16Santa Barbara, CA$2510.9%140.4%
17Phoenix, AZ$2140.8%150.4%
18Raleigh-Cary, NC$1840.7%280.7%
19Pittsburgh, PA$1670.6%762.0%
20Provo-Orem, UT$1620.6%140.4%


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