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Unfortunately, DC based on VC funding to local companies (including Maryland, VA and DC) doesn't hold a candle to NYC or Mass on the east coast. It's funding n
by asanwal 15y ago
Unfortunately, DC based on VC funding to local companies (including Maryland, VA and DC) doesn't hold a candle to NYC or Mass on the east coast.
It's funding numbers have been buoyed in recent quarters by large LivingSocial rounds but otherwise, there is not a lot of institutional investment flowing to startup in the DC area.
Look at pages 4 of 5 of the report embedded at the bottom of this link. You'll see DC doesn't figure near the top for VC deals or funding - http://www.cbinsights.com/blog/venture-capital/venture-capital-report-quarterly-q2-2011 http://www.cbinsights.com/blog/venture-capital/venture-capit...