NYC has been hot on the heels of the Bay Area for years. In H1 2023, the Bay Area beat out NYC by a mere 26 founders. Early data from January 2024 showed that the Bay was still on top by a margin of 18 new founders.
The NYC entrepreneurial scene went on a tear in February and March to top the Q1 2024 count by 54 more new founders versus the Bay Area.
NYC's takedown of the Bay Area is the top story from Q1 but, there's another big story from Q1's new founder data...
Founders are back baby!
The data from Q1 2024 shows a ~15% increase in new founders versus Q1 2023. This is a great early sign for a rebounding startup scene that nearly ground to a halt in 2023.
The NYC entrepreneurial scene went on a tear in February and March to top the Q1 2024 count by 54 more new founders versus the Bay Area.
NYC's takedown of the Bay Area is the top story from Q1 but, there's another big story from Q1's new founder data...
Founders are back baby!
The data from Q1 2024 shows a ~15% increase in new founders versus Q1 2023. This is a great early sign for a rebounding startup scene that nearly ground to a halt in 2023.