SILICON VALLEY IS SO DOMINANT AGAIN, ITS STARTUPS DEVOURED OVER HALF OF ALL GLOBAL VC FUNDING IN 2024

Summary from the TLDR newsletter

Data repeatedly shows that the San Francisco Bay Area is still the best place for venture-backed startups. Startups in the area received $90 billion of VC investment in 2024, 57% of the global venture funding spent last year. The area has a high density of everything, from financiers to engineers, making it easier to build a startup there. It is the home of Big Tech and offers the largest concentration of skilled tech employees.