Tomasz Tunguz: The Impact of a Startup’s Location on Its Ability to Raise Capital
Tomasz Tunguz did a small survey on investment rates, sorted by geographic location, using some CrunchBase data.
As he admits in the blog post, this is a very small data set and some of the cities have so few startups in the data (Houston with 3) that it is hard to draw firm conclusions.
However, the idea and the effort make for an interesting thought experiment and maybe, with a larger data set, a more definitive study could be done:
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