6 ms·

"N% of startups acquired were located in city X" does not mean "startups located in city X have an N% chance of being acquired".

• robg 18y ago
  Take the data at face value (irrespective of whether it's the right data). More deals are going to SV and by a significant margin. You can parse causality any way you'd like (funding, connections, etc.) but that's a correlational point in the Valley's favor. Given everything else we know about the region, we don't have to work hard to see the effect. More problematic, the data doesn't show N% because we don't know the denominator. It could be that SV is terribly inefficient at exits relative to a place like Austin or Israel. Still, the magnitudes are so different it doesn't really matter one way or another.