Venture capital slowly seeps outside of Silicon Valley
Venture capital investment is seeping out from Silicon Valley to the rest of the country, but the West Coast still dominates the market by a wide margin.
Why it matters: Venture capital investment can play a crucial role in building fast-growing, tech-based economies like those of the Bay Area, Seattle, Austin, New York and Boston. But VC investors don't typically stray outside those markets to look for the next big thing.
By the numbers: Last year, the Bay Area's proportion of overall U.S. venture capital investment fell to the lowest...