After reading an article in the New York Times about how music acts as a possible attractant to start-up’s, I wanted to get some numbers to see if that were true. From a historical basis, it’s important to remember that in 1999 Texas was doing nearly 10% of the venture funding of Silicon Valley, of as I call it, SiValley (cute, huh?).
2012 VC Funding
| Year |
SiValley |
Texas |
Austin |
| 2012 |
$10,968 |
$934 |
$621 |
| % of SiValley |
100% |
6.2% |
5.7% |
| 2012 VC Funding Stage |
SiValley |
Texas |
% of SiValley |
| Seed |
$316 |
$2 |
0.6% |
| Early-Stage |
$3,279 |
$180 |
5.5% |
| Expansion |
$4,570 |
$344 |
7.5% |
| Later Stage |
$2,802 |
$408 |
14.6% |
Source: PricewaterhouseCooper MoneyTree Survey
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