A startup ecosystem without exits never recycles its money back into the next generation of founders

GoogleA startup ecosyst… QuoraA startup ecosyst… XA startup ecosyst… FacebookA startup ecosyst… YouTubeA startup ecosyst… TikTokA startup ecosyst… RedditA startup ecosyst… BingA startup ecosyst…

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Moving a startup to a bigger hub buys capital access and sells the team's savings Campus venture funds of fifty thousand dollars teach students how to spend money not how to earn it Local angel density matters more than local venture funds for a company's first 500 thousand dollars The university in town supplies interns for a decade before it supplies a single founder Immigration rules set how many founders a startup city can import each year Non-compete enforcement decides whether engineers can leave an incumbent and found a rival One anchor employer in a small city trains the talent pool and then loses it to the first funded startup Accelerator demo day audiences are mostly other founders and service providers rather than checks Ecosystem indexes rank cities on venture dollars and miss the informal networks that place first hires Incremental innovation pays the bills and radical innovation gets the press and the funding