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as i told Paul when he sent me this essay, he's got it all wrong. silicon valley's rate of startup growth is slowing and the rate of startup growth in many of t
by fredwilson 17y ago
as i told Paul when he sent me this essay, he's got it all wrong. silicon valley's rate of startup growth is slowing and the rate of startup growth in many of the leading cities of the world (london, bejing, mumbai, banglore, new york, tel aviv, berlin, etc) is increasing. i think Paul's view has been skewed by living in Boston and Silicon Valley. Boston's startup ecosystem has been in decline for almost ten years now and when compared to Silicon Valley, it looks like game over. But if you chart the number of new startups funded by angels and VCs in all these cities since 1995, you'll see the right picture. I did that for my web 2.0 keynote and if i can find the chart, i'll post a link here