Startup Genome is breaking down the success of startups in Silicon Valley and beyond. Startups based in Silicon Valley are 22% more ‘successful’ than the ones in New York, and 54% more than startups in London. This may be due to the fact that Silicon Valley startups raise 2-3 times more money in the first stages of development than anywhere else. Or that there are three times as many startups In Silicon Valley as opposed to New York, and 4.5 times as many as there are in London.
Take a look at the infographic for other key statistics:
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NYC Startups are 2.5x more like than Silicon Valley startups to build financial tools Tweet this
NYC Startups are 3.5x less likely than Silicon Valley startups to build infrastructure Tweet this
Silicon valley startups are 23% more likely than NYC startups to build social networks Tweet this
Silicon valley startups are 2x more likely than NYC startups to build games Tweet this
NYC startups are 2x more likely than SF startups to build marketplaces Tweet this