Here’s where you’re most likely to randomly

2016年09月08日

Where’s the best place to start a startup? It’s a perennial and somewhat intractable question entrepreneurs love to ask. And before you get your hopes up, we’ll start by saying there is no one right answer to this question. Like much in the world of startups and venture capital, it depends on a number of factors. But what we can tell is that networks matter.
Networking through the city .
In network theory, there’s a concept called “homophily,” the tendency for similar individuals to connect with one another more frequently than two or more dissimilar individuals. The phrase “birds of a feather flock together” is a common, simple explanation of what the term means. So, if an entrepreneur wants their fledgling startup to join the unicorn club — the small but growing number of private companies that reach a $1 billion private valuation prior to a sale, IPO or untimely demise — or just wants to get on a firm financial footing, where is that most likely to happen serviced apartments in hong kong ?
Here, we’ll provide an answer to that question with a bit of a twist.
Finding the metropolitan regions that give rise to the most startups, where most of the unicorns are located or where most of the companies with, say, $50 million or more in funding are located, is a bit too easy and it doesn’t yield particularly interesting results. (Spoiler alert: the SF Bay Area ranks at the top of the list for all three.)
Rather, we’re going to find the American metropolitan regions with the highest rate of producing unicorns and well-capitalized startups. In other words, we’re going to take the number of unicorns and well-capitalized companies in a given region and divide it by the number of companies founded in the region .