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Geographic distribution of Bitcoin VC CoinDesk State of Bitcoin 2014

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Geographic distribution of Bitcoin VC investment:
Silicon Valley vs rest of the world
No. of companies

USD invested
Tech Hub
Concentration

Rest of
World 49%

No. of
companies

Silicon Valley
Silicon
Valley 51%

Value ($m)

50.1

8

Rest of World

47.4

22

Silicon
Valley 27%

Rest of
World 73%

Total

97.5

30

While nearly 75% of VC-backed Bitcoin companies are based
outside Silicon Valley, more than half of all Bitcoin VC money
has been invested in the Valley
54

Published in: Economy & Finance, Technology
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