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Interesting... I'm surprised by Massachusetts being even slightly higher than California per capita but possibly has to do with population size I guess. At an

by fjabre 17y ago

Interesting... I'm surprised by Massachusetts being even slightly higher than California per capita but possibly has to do with population size I guess. At any rate, good to know that 'number 2' may not be so far behind 'number 1' as some would have you believe... Thanks for this great post!

Goladus 17y ago
Yeah I think that's an artifact of the "per-capita by State" metric being used, which really isn't all that useful. If you were to combine all of New England with New York and then compare, California would come out ahead. (Or just compare Northern CA with MA)
- sachinag 17y ago
  Don't forget that this data excludes angels. My feeling is that CA companies tend to get way more seed/startup money from angels than do MA companies, where firms like Flybridge, Atlas, etc. do early stage investing.