Starting a business is a risky move, and the 'Science of Startups' infographic makes the case that there is gold in where you launch. Taking tips from real estate, the mantra follows: location, location, location!
There are so many factors to consider in starting up. To help you along the way in your decision, the graph maps out the startup scene in San Francisco and Silicon Valley. By including decision-making metrics such as average employee compensation and placement, past investments funded, rent, vacancy, transportation ease, as well as holistic, qualitative comments, a comprehensive picture is formed. The cities of San Mateo, San Francisco, Mountain View, San Jose, PA Downtown and Stanford Park are among the areas covered.
If you're thinking of taking the plunge, this diagram is a must-see.
Startup Launch Location Graphs
The 'Science of Startups' Chart Weighs California Hot Spots
Trend Themes
1. Startup Location Analytics - Using data-driven insights to determine the best geographical location for your startup.
2. Startup Investment Metrics - Assessing past investments and average employee compensation to determine the potential success of your startup.
3. Transportation Accessibility for Startups - Identifying the impact of easy transportation access on the success of a startup.
Industry Implications
1. Real Estate - Incorporating real estate tactics, such as location and vacancy rates, to advise on ideal startup locations.
2. Venture Capital - Providing metrics on past investments to aid in determining potential success for future investments in startups.
3. Transportation - Helping startups in assessing the potential success of their business based on the ease of transportation access to their location.