Southern California is now the United State’s 2nd largest Start-up activity center - surpassing New England.
Venture capitalists invested $1.122 billion into Southern California companies during the first quarter, compared to only $984 million into the Northeast companies centered around Boston, according to VentureOne/Ernst & Young. See chart below
Money comes and goes but recently it’s been flowing into souther California and at a very quick pace. Each Quarter the numbers of VC capital are counted and they usally go in spurts, but recently there is a steady flow.
Here’s some of the numbers:
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