4 ms·
I think another myth is that the majority of companies are started in the Bay Area. That might be true for tech, but for entrepreneurship overall in the U.S. I
by dmor 15y ago
I think another myth is that the majority of companies are started in the Bay Area. That might be true for tech, but for entrepreneurship overall in the U.S. I bet the Bay accounts for 10-15% tops.... does anyone have numbers? (I'm searching, but if you read regularly and have found some numbers please let me know)
- nhebb 15y agoI think that's only a myth to those that gravitate toward the Bay Area. Former Magellan fund manager Peter Lynch wrote that he liked companies based around Cleveland because half the US population fell within a 500 mile radius of it. The key point being that general entrepreneurship occurs in highly populated areas, which facilitates growth and expansion.