There's a new trend in town. Some people think that Silicon Valley's domination of the startup business might be coming to an end. Here is the bare truth.
I believe that Silicon Valley will remain an excellent place for startups, but its reign is over. Other realities are moving fast and are increasing their ability to generate innovation. It is just a question of time, and the world will have new spots, as always happened in history.
Ecosystems worldwide keep moving and improving. From what I can see talking to almost a thousand startups a year, there's a clear difference between Silicon Valley founders and the rest of the world. It's also a matter of volumes: of $136B invested in startups in the US by VCs, almost 50% have been deployed in the Bay Area. The data provided by Startup Genome don't seem to match PItchbook and NVCA ones, though.
I believe that Silicon Valley will remain an excellent place for startups, but its reign is over. Other realities are moving fast and are increasing their ability to generate innovation. It is just a question of time, and the world will have new spots, as always happened in history.
https://startupgenome.com/blog/the-rise-of-startup-ecosystems-silicon-valley-vs-new-york-vs-london
Ecosystems worldwide keep moving and improving. From what I can see talking to almost a thousand startups a year, there's a clear difference between Silicon Valley founders and the rest of the world. It's also a matter of volumes: of $136B invested in startups in the US by VCs, almost 50% have been deployed in the Bay Area. The data provided by Startup Genome don't seem to match PItchbook and NVCA ones, though.