Something ironic about an "open" culture being critical of a "closed" culture.
Reality is the American's tech cultural is at its core a very closed community. Even within America, trying to create a startup outside of the Bay Area, which is insanely expensive area to do business, will require exponentially more effort, luck, etc.
Neat, thank you! The graphs use this nebulous "signal" metric. It is hard to tell if that includes start up valuation and/or exits, which I posit are more important than some of the markers they mentioned like advisor or investor popularity. Neat data point though.
Though what that does not account for is the ratio of equity given for capital raised; my understanding is that on average per percent of equity that the amount of capital raised will be double that of anywhere else; means that really, amounts shown for the Bay Area should be double due to the value of that capital in a deal.
Reality is the American's tech cultural is at its core a very closed community. Even within America, trying to create a startup outside of the Bay Area, which is insanely expensive area to do business, will require exponentially more effort, luck, etc.