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Actually the bias is induced by reality, YC just happens to reflect it and make it seem a bit larger than it really is. California gets between 40 and 50% of a
by evgen 17y ago
Actually the bias is induced by reality, YC just happens to reflect it and make it seem a bit larger than it really is. California gets between 40 and 50% of all VC funding in the US and around a third of all global VC investment.
- jacquesm 17y agoA d&t report ( http://www.deloitte.com/dtt/cda/doc/content/us_tmt_2009vcreport_060809.pdf http://www.deloitte.com/dtt/cda/doc/content/us_tmt_2009vcrep... ) titled 'Global trends in Venture Capital 2009" has the following figures: US: 44% of world EU: 21% (ex uk) UK: 7% AP: 16% IS: 2% (Israel) AM: 10% (excluding US) California being 40% of the US total leaves it with about 17.6% of the world total.