DISQUS

VentureBeat: Seattle, Los Angeles and Washington emerge as vibrant start-up areas

  • George Lipper · 1 year ago
    It strains the intellect to suggest two disparate years years with dramatically differents amounts of investments suffice to point out a trend. Might this be a an image enhansing NVCA attempt to convince policy makers that the industry is spreading its wealth. A closer look at the data reveals, in fact,that the share of venture capital going to California and Massachusetts actually increased from 50% to 59% of all VC investments in 1997 and 2007.
    Secondly to suggest that all investments were for start-ups also defies logic, since the industry invests more than 80% of its funds in more mature companies.
    Might NVCA be more interested in Congress' attention to the tax breaks it gets?