For Many New Ventures, Location Is The Key To Success
Startup Professionals Musings
AUGUST 13, 2022
Wessel measures a 39% acquisition advantage to being in-state. Since 2006, the number of startups founded and funded outside of California, Massachusetts, and New York, has grown by more than 65 percent. That extra two months spent traveling to fundraise is two months falling behind. It decreases your odds of being bought.
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