Of course, there are plenty of other variables for those trying to determine where to set up their startup basecamp: The startup’s industry and the team’s connections need to be weighed against where the company is in its lifespan. And the Bay area might not be the best option: Plenty of that funding is merely going to the firmly established giants like Uber and Palantir. Given this data, Funders Club offers a more comprehensive chart. Here, the Bay area loses some of its lead, though it’s still ahead, and other cities have a chance to surprise. Pittsburgh, for instance, appears to have a lot of funds available for relatively few startups. Here’s the full chart. Check out the rest of the article for a breakdown of the raw data, alongside an in-depth examination of the other factors founders looking for startup capital should consider.
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