Top 10 Cities for Tech Entrepreneurs

Top 10 Cities for Tech Entrepreneurs

In the last year, IPOs have raised $62.4 billion, according to data by Renaissance Capital [4]. In just the first four months of this year, 136 new IPOs have been filed, up from 57 during the same time period of 2013.

These IPOs are creating a lot of new wealth, especially for tech entrepreneurs, and a new client base for advisors to tap into.

Where are all these new companies cropping up? While Silicon Valley still dominates the startup market, other tech hubs are up-and-coming. And there’s a lot of venture capital money swirling around. Here are the top 10 cities ranked by total VC investment in the first quarter 2014.

Source: The MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association [5] with data from Thomson Reuters.