The best comparison I've seen was a graphic that showed how much VC capital had been invested in various U.S. markets into tech companies in 2009. I seem to remember SF/Bay was in the $10-12b range, NYC was second in the $4-5b range. Then Boston at $3-4b, and Chicago at $3b or so....with about 45% of that being one company, Groupon.
How Big Is Chicago's Startup Scene? About SOMA-Sized, Actually
11–19 of 19 posts
Re: How Big Is Chicago's Startup Scene? About SOMA-Sized, Actually
#12Earlier quoted context omitted.
I don't even think that was the point. I think the geographic comparison is more a novelty than anything, and I don't even think the author takes a viewpoint in writing his article. I clicked the link because I'm at an Excelerate Labs company now in Chicago, and I'm sure other Chicago Hacker News-ers will click on the link too, but I don't think there was really any point to the article. So un-succinctly put, I don't…
Guilty -- saw Chicago in the headline, had to click.
yep
Re: How Big Is Chicago's Startup Scene? About SOMA-Sized, Actually
#13Earlier quoted context omitted.
I don't even think that was the point. I think the geographic comparison is more a novelty than anything, and I don't even think the author takes a viewpoint in writing his article. I clicked the link because I'm at an Excelerate Labs company now in Chicago, and I'm sure other Chicago Hacker News-ers will click on the link too, but I don't think there was really any point to the article. So un-succinctly put, I don't…
Guilty -- truly wanted to know how Chicago measured up to SF even if it be geographically.
and yep
Re: How Big Is Chicago's Startup Scene? About SOMA-Sized, Actually
#14Long time reader and first time poster. As a Chicagoan and a huge fan of S.F., this pissed me off because of the pure lack of journalistic integrity (and logic for that matter) when putting this article together. The Chicago startup scene pales in comparison to San Francisco, everyone knows that. There is no need to go through some ridiculous and poorly executed comparison to prove it. My comment to his post on the A…
Why so much anger?
Re: How Big Is Chicago's Startup Scene? About SOMA-Sized, Actually
#15The best comparison I've seen was a graphic that showed how much VC capital had been invested in various U.S. markets into tech companies in 2009. I seem to remember SF/Bay was in the $10-12b range, NYC was second in the $4-5b range. Then Boston at $3-4b, and Chicago at $3b or so....with about 45% of that being one company, Groupon.
Just for laughs I'd like to see a comparison consisting of one measure: average time elapsed between entering a coffee shop and hearing the words "startup," "iterate," "pivot," or "code/coding/ruby/rails" :)
Re: How Big Is Chicago's Startup Scene? About SOMA-Sized, Actually
#16Long time reader and first time poster. As a Chicagoan and a huge fan of S.F., this pissed me off because of the pure lack of journalistic integrity (and logic for that matter) when putting this article together. The Chicago startup scene pales in comparison to San Francisco, everyone knows that. There is no need to go through some ridiculous and poorly executed comparison to prove it. My comment to his post on the A…
Why so much anger?
Not anger, frustration mixed in with a very long day.
Re: How Big Is Chicago's Startup Scene? About SOMA-Sized, Actually
#17Seems like the guy who wrote this "article" is in Chicago viewing startups there and ran out of ideas to write about.
Or as others have pointed out, people will click on links with their current city mentioned. I am sure it would have evoked the same reaction from people in LA if they overlaid Santa Monica/Venice Beach over SOMA.
Re: How Big Is Chicago's Startup Scene? About SOMA-Sized, Actually
#18Long time reader and first time poster. As a Chicagoan and a huge fan of S.F., this pissed me off because of the pure lack of journalistic integrity (and logic for that matter) when putting this article together. The Chicago startup scene pales in comparison to San Francisco, everyone knows that. There is no need to go through some ridiculous and poorly executed comparison to prove it. My comment to his post on the A…
I'm with you on this. It's bullshit to compare the two; for one thing, SF is not the Bay Area, and for another, Chicago doesn't pretend to be the startup capital of the world.
Re: How Big Is Chicago's Startup Scene? About SOMA-Sized, Actually
#19The best comparison I've seen was a graphic that showed how much VC capital had been invested in various U.S. markets into tech companies in 2009. I seem to remember SF/Bay was in the $10-12b range, NYC was second in the $4-5b range. Then Boston at $3-4b, and Chicago at $3b or so....with about 45% of that being one company, Groupon.
Just for laughs I'd like to see a comparison consisting of one measure: average time elapsed between entering a coffee shop and hearing the words "startup," "iterate," "pivot," or "code/coding/ruby/rails" :)
Like the Economists Big Mac index for purchasing power parity, the Latte Index for startups: how many startups are sitting in an average Starbucks.