25 Aug What are the world’s leading tech startup cities?
Silicon Valley and the San Francisco Bay Area have long dominated the startup market of not only the United States, but also the entire world. This is especially true of the tech sector, with worldwide leaders such as Google, Apple, Facebook and Twitter calling these cities home since their creation.
According to a new report from Compass, the 2015 edition of the Startup Genome Project, there are new rankings for cities who are starting to own bigger and bigger pieces of the tech startup industry. The report gathered individual information from 11,000 global startup companies as well as interviews with more than 200 worldwide entrepreneurs.
Silicon Valley dominated the tech startup industry, as it has in every iteration of this report since 2012. The rest of the top five are New York City, Los Angeles, Boston, Tel Aviv and London. What is interesting to note is how different cities are moving up and down the list, as well as some not quite meeting expectations of experts in the tech industry.
New York City was in fifth place back in 2012, and has since risen. Many have interpreted Boston in fourth place as something of a surprise, as experts predicted that the city's Route 128 high-tech cluster would bring the city to at least second place on the global list.
United States cities account for six of the top 10 cities across the globe, with seven cracking the top 20.
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