2 ms·

Boston has been the second biggest VC market (counting the Bay Area as one) but every report I've seen shows New York has tied or surpassed Boston over the past

Boston has been the second biggest VC market (counting the Bay Area as one) but every report I've seen shows New York has tied or surpassed Boston over the past few years. http://mashable.com/2013/02/21/top-cities-startups/ http://mashable.com/2013/02/21/top-cities-startups/ http://mycrains.crainsnewyork.com/stats-and-the-city/2011/technology/ny-overtaking-boston-in-vc-deals http://mycrains.crainsnewyork.com/stats-and-the-city/2011/te... http://www.cbinsights.com/blog/venture-capital/tech-venture-capital-new-york-boston http://www.cbinsights.com/blog/venture-capital/tech-venture-... http://www.bizjournals.com/boston/news/2011/10/13/mass-drops-to-no-3-for-vc-behind.html?page=all http://www.bizjournals.com/boston/news/2011/10/13/mass-drops... From the last link, dated October 2011: "Still, for Massachusetts to fall behind New York in VC financings is noteworthy, said Anand Sanwal, CEO of CB Insights. New York had already been leading Massachusetts in VC for tech — including Internet, mobile, software, hardware and electronics — since the second quarter of 2010. But due in large part to health care VC activity in Massachusetts, the state had remained ahead of New York in overall VC until the third quarter."

JayNeely 14y ago
I wish NVCA made a full breakdown of the data available. New York did top MA in "internet-related investments" in 2012, but that's not an accurate depiction of tech investment. MA has strong robotics, hardware, and medical devices industries that contribute to the ecosystem here. In your last link, they're talking about funds raised by VCs, not dollars invested. NY firms did have a good year in 2011 -- $4 billion raised to MA's $2.5 -- but in 2012 MA firms raised twice as much as NY firms, and MA firms have raised $1.5+ billion in Q1 of 2013 alone.

2 ms·

Boston has been the second biggest VC market (counting the Bay Area as one) but every report I've seen shows New York has tied or surpassed Boston over the past

by mrgordon 14y ago

JayNeely 14y ago
I wish NVCA made a full breakdown of the data available. New York did top MA in "internet-related investments" in 2012, but that's not an accurate depiction of tech investment. MA has strong robotics, hardware, and medical devices industries that contribute to the ecosystem here. In your last link, they're talking about funds raised by VCs, not dollars invested. NY firms did have a good year in 2011 -- $4 billion raised to MA's $2.5 -- but in 2012 MA firms raised twice as much as NY firms, and MA firms have raised $1.5+ billion in Q1 of 2013 alone.