Boston: Startup Land

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Boston: Startup Land

  1. 1. What Makes Boston’s Technology Start-Up Scene Special?<br />Jeff Bussgang<br />General Partner<br />Flybridge Capital Partners<br />
  2. 2. Ingredients for a Vibrant <br />Start-Up Ecosystem<br /><ul><li>Intellectual Capital – academia, innovation, diverse industries and ideas
  3. 3. Venture Capital
  4. 4. Advisors, Angels, Accelerators
  5. 5. Successful Companies – to partner, poach and/or sell to</li></li></ul><li>Historical Leadership<br />
  6. 6. MIT – Factory of Innovation<br />33,600 companies, 300 each year, employ 3.3 million people, generate sales of $2 trillion, 282 patents in 2008 <br />
  7. 7. Harvard – The Business-Side Partner<br />
  8. 8. Other Colleges and Universities<br />74colleges and universities in Boston-area, 265,000 students, 8 research universities pump $7 billioninto economy, spending $1.5 billion on R&D yearly, 264patents, 280 commercial licenses, and 41 start-up companies.<br />
  9. 9. Innovation Leadership: #1 Patents<br />
  10. 10. Innovation Leadership: #1 NIH Funding<br />Source: NIH (2008); Center for an Urban Future<br />
  11. 11. Innovation Economy Is Densely Concentrated<br />
  12. 12. Geographic Clusters<br />128 Corridor<br />Cambridge/Boston<br />495 Corridor<br />
  13. 13. Venture Capital in Comparison<br />Total VC Investment 2008<br />Boston: $3.0B<br />New York: $1.3B<br />California: $14.3B<br />Source: NVCA 2009 Yearbook<br />
  14. 14. Venture Capital Per Capita<br />VC Investment Per Capita 2008<br />Boston: $457/person<br />New York: $67/person<br />California: $388/person<br />
  15. 15. Boston vs. Silicon Valley<br />
  16. 16. Life Sciences Leadership<br />
  17. 17. Boston’s Energy Sector<br />
  18. 18. High Technology MicroClusters:<br />For Example, Strength in Mobile<br /><ul><li> Hundreds of iPhone developers in MA
  19. 19. Over 50 VC-backed mobile start-ups
  20. 20. Three 9-figure exits:
  21. 21. Enpocket, M-Qube, Third Screen
  22. 22. Mobile advertising leaders
  23. 23. Quattro Wireless, JumpTap</li></ul>iPhone developers using location API<br />
  24. 24. Other MicroClusters<br />Cloud Computing<br />Robotics<br />Gaming<br />Marketing Technology<br />Online Video<br />E-Commerce<br />
  25. 25. Proximity to NYC<br />
  26. 26. Recent Boston-area IPOs<br />
  27. 27. Expansion of Major Tech Companies<br />
  28. 28. Start-up Resources<br />More resources can be found at: http://dondodge.typepad.com/the_next_big_thing/2009/10/boston-startup-events-resources-people-you-need-to-know.html<br />
  29. 29. Conclusion*<br />A Leader for Innovative Venture Financing<br />#1 City for young entrepreneurs and business people<br />The Future is Now…<br />www.massitsallhere.com<br />Slide has been edited by David Kozhuk of Arctaris Capital Partners*<br />

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