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I want to see this number for just Silicon Valley.
Well, the SF bay area 2.5% of the country's population (7.5M/300M) and ~50% of the VC, so 25x$72 ~= $1800/person.
What the article misses is that London with roughly 1% of Europe's population get's 30-40% of the VC financing in Europe. So based on those figures London's VC per capita is in the region of $200-$300 (London has a similar population size to Israel).
Is MS's European chairman genuinely concerned about the European economy and education system? In that case, he might have more success at these goals, by becoming a politician instead. Or... are these economic observations somehow self serving? Perhaps the lower levels of VC investment in Europe (per capita) are inconvenient for him: Implying European investors should greatly increase their investment levels. Would…
The whole point of capitalism is that it's both self-serving and public good.
What the article misses is that London with roughly 1% of Europe's population get's 30-40% of the VC financing in Europe. So based on those figures London's VC per capita is in the region of $200-$300 (London has a similar population size to Israel).
What does that look like if we just do the valley?
Annual US Aid to Israel is $382.97 per Israeli and going up.
And another thing to note is that that money is in the form of military contracts with American companies. It is not used to pay for Israeli infrastructure or social services AFAIK beyond a separate chunk of money ~$40 million to help pay for Israel's immigration problem [2].
1. http://www.wolframalpha.com/input/?i=3+billion%24+%2F+popula...
2. http://en.wikipedia.org/wiki/File:US_aid_to_Israel.gif (note that economic aid to Israel was stopped in 2007)
Annual US Aid to Israel is $382.97 per Israeli and going up.
I'm not sure where you're getting your numbers from. At $30 billion over the next 10 years, per year, US aid to Israel is $412 per Israeli [1]. And of course, that will go down with population increases. And another thing to note is that that money is in the form of military contracts with American companies. It is not used to pay for Israeli infrastructure or social services AFAIK beyond a separate chunk of money ~$…
http://www.jewishvirtuallibrary.org/jsource/US-Israel/foreig...
I got my population number of Wikipedia:
http://en.wikipedia.org/wiki/Demographics_of_Israel
So to sum up... my comment above is correct.
What the article misses is that London with roughly 1% of Europe's population get's 30-40% of the VC financing in Europe. So based on those figures London's VC per capita is in the region of $200-$300 (London has a similar population size to Israel).
Well, that makes me feel better.
Earlier quoted context omitted.
I'm not sure where you're getting your numbers from. At $30 billion over the next 10 years, per year, US aid to Israel is $412 per Israeli [1]. And of course, that will go down with population increases. And another thing to note is that that money is in the form of military contracts with American companies. It is not used to pay for Israeli infrastructure or social services AFAIK beyond a separate chunk of money ~$…
I got my numbers from the bottom of this page which shows that US Aid to Israel is increasing through til 2013: http://www.jewishvirtuallibrary.org/jsource/US-Israel/foreig... I got my population number of Wikipedia: http://en.wikipedia.org/wiki/Demographics_of_Israel So to sum up... my comment above is correct.
