Quote:
Originally Posted by craigs
All of your numbers seem completely off, but I could be wrong.
Let's see the data showing 99% of venture capital went to the Bay Area ten years ago, and that there has since been a 50% drop in venture capital going to the Bay Area.
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These are numbers that I pulled out of my ass to make a general point, but I wasn't that far off on the Bay Area's share of venture capital:
Quote:
High tech in America remains geographically concentrated and unequal. The Bay Area remains far and away the nation’s and the world’s leading center for high-tech venture investment, raking in $30 billion or nearly 45 percent.
https://www.citylab.com/life/2017/10...ration/539775/
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Also, I think the overall pool of venture capital has probably expanded a bit since 2009, so the Bay Area's share of VC could drop and the total capital invested could have still increased. Actually, I'm almost certain that that has happened.