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I want to see this number for just Silicon Valley.
by ajju 15y ago
I want to see this number for just Silicon Valley.
- pchristensen 15y agoWell, the SF bay area 2.5% of the country's population (7.5M/300M) and ~50% of the VC, so 25x$72 ~= $1800/person.
- ajju 15y agoThanks, an order of magnitude larger per capita than Israel, as expected. I wasn't aware of the 50% number and too lazy to Google it!
- c2 15y agoI don't think that's surprising is it? Silicon Valley is known to be the best place for VC in the world. I'm sure if you draw arbitrary lines around the hottest investment communities in Israel the numbers would also be much more even. That Israel as a country beats us in per capita investment is an interesting figure which we should all consider.
- ajju 15y agoIt is not surprising, which is why I said "as expected". I would like to see how the numbers compare for hot cities in Israel vs. the U.S., and I also think we should obviously try to raise the national number. I am not in the valley myself, so that would certainly help me!
- highfreq 15y agoOn the other hand the population of the bay area is quite comparable to that of Israel. Smaller countries tend to have more specialized and targeted economies. If Israel were to attempt to play in all the industries that the US does, they would do very poorly at almost all of them. Much of the US economy is in large established technology and manufacturing companies, where VC no longer has a role. I would expect that for every possible region of Israel, it is possible to find a region of similar population in the bay area that has a higher per capita VC investment.
- Peaker 15y agoBut Silicon Valley is still far more specialized than Israel. Most Israelis are not in hi-tech industries, so it is unfair to compare SV to Israel.
- endtime 15y agoWell, what's the VC per capita for Haifa? Why do you think it's interesting to compare the area with the highest concentration of startups in the US to another entire country? Either compare country-to-country or highly concentrated startup area-to-highly concentrated startup area. I doubt there are more startups in Eilat than there are in Boise.
- ajju 15y agoWhat is the number for Haifa? I genuinely would like to know. Separately, I am not trying to be a valley-partisan, just noting that the number for silicon valley is much higher than for the country of Israel, as you would expect. I don't even live anywhere near the valley.
- endtime 15y agoYes, but it's a silly comparison. Israel has areas like the Valley too.
- pchristensen 15y agoThe number for the valley would be even higher if you just took the counties from San Jose to SF, and excluded all of the East Bay, Marin, etc.
- Tyrant505 15y agoDo you happen to know how NYC compares?
- alnayyir 15y agoPoorly, unless you really like facebook apps.
- amalcon 15y agoThe denominator in NYC is very high, so poorly on that metric. It might be closer (though I suspect not particularly close) if you compared VC$/square foot, or VC$/engineer. All these metrics are but approximations of the impossible-to-measure VC$ available/VC$ sought number that actually matters to startups. I suppose we could compare VC$/GDP$, to get some idea of how much of a nation's economy is based on startups.