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News & Features Business Know-How Top 25 places to live if you're a start-up

Top 25 places to live if you're a start-up

Written by Entrepreneur Country on Thursday, 12 April 2012 12:20
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Three young entrepreneurs, Bjoern Herrmann, Max Marmer, and Ertan Dogrultan have created a onproject called the Startup Genome, which aims to deliver a comprehensive, data-driven dive into what makes tech startups successful — and not so successful, and whether this has anything to do with their location across the globe.

Startup Genome is today sharing some of its findings on the top startup ecosystems, providing a data-based look into how they compare — starting with what it’s found to be the three most active startup hubs: Silicon Valley, New York City, and London.

According to the research, here are the top 25 ecosystems for your startup;

1.Silicon Valley (San Francisco, Palo Alto, San Jose, Oakland)
2.New York City (NYC, Brooklyn)
3.London
4.Toronto
5.Tel Aviv
6.Los Angeles
7.Singapore
8.Sao Paulo
9.Bangalore
10.Moscow
11.Paris
12.Santiago
13.Seattle
14.Madrid
15.Chicago
16.Vancouver
17.Berlin
18.Boston
19.Austin
20.Mumbai
21.Sydney
22.Melbourne
23.Warsaw
24.Washington D.C.
25.Montreal

In terms of how the data was collected and the statistics reported, in Silicon Valley for instance, the Startup Genome's data showed that it had the following characteristics, which attracted entrepreneurs: "Strong early stage funding ecosystem. More mentors. Most Ambitious. High Risk."

New York, on the other hand, had the following characteristics: "Diverse. Niche Focus. Marketplace and Social Network focus. High risk."

Other factors were startup success rate, availability of capital, job creation and market sizes.

Read the full findings at http://techcrunch.com/2012/04/10/startup-genome-compares-top-startup-hubs/

Source: BusinessInsider.com

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