The geography of venture capital is changing. While Silicon Valley / San Francisco still hold the top spot by a very large margin, the Northeast has been making great strides and now the Boston-New York – DC corridor accounts for slightly more than half the total of The Valley. Although plenty of venture capital comes out of New York, the capital flowing into New York is a recent development. Were this to keep up, the megalopolis could become a serious contender in start-ups.
–From The Atlantic Cities
Tags: venture capital