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The Local Climate for Startups John Cook October 10, 2006
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Ingredients of a startup hub Money. Smart people. A research institution. Culture of risk taking. Luck. Anchor tenant.
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Source: O'Reilly Research
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Where is the money flowing? Software – 22 deals. Biotech – 11 deals. Medical Devices – 10 deals. Telecom – 7 deals. Media/Ent. – 6 deals.
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Companies tapping VC money Clearwire – telecom Imperium Renewables - energy Mirabilis Medica –medical devices Seredigm Corp. – biotechnology Zillow.com – media.
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