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by webwright 5950 days ago
I dunno-- the Seattle startup scene has seen pretty insane growth over the last 5 years... It was purportedly nearly non-existant 5-7 years ago. Harj and I threw together a YC Seattle meetup that was over 100 people in about a week.

You could attend a startup related event in Seattle almost every day of the week.

I did some really weak science and found:

"In 2007, 45 of 110 (41%) acquired companies were in the Valley. In 2008, only 18 of 115 (16%) were."

(whole post with sources: http://bit.ly/bDpam)

I also (with some help) crunched all Crunchbase data here: http://bit.ly/Mapl1

The globalization make sense to me. 5 years ago, you couldn't even roll the dice without a million bucks. Now plenty of startups spin up with pennies. And while the Valley has a few advantages, the really CLEAR advantage that it has (which has diminishing value for the earliest stages) has always been the huge number of investors.

Still, though-- starting up might be getting easier, but when you need funding relocation might still be right thing to do.

2 comments

Thanks for the research. Just a little nitpick - could you please not use URL-shorteners. It's nice to know where you're going before you hit the link.
I think Seattle was crawling with startups in the mid-nineties (the windows 3.1 era). Things go in cycles.
There've been a decent number in the years in between too. Farecast (founded 2003, acquired 2008) and Twango (founded 2004, acquired 2007) come to mind as successful examples.