LOS ANGELES – It's a given that the San Francisco area, including Silicon Valley, is the technology capital of the world. Seven of the top 10 most-visited websites are based there, including Google, Yahoo, Facebook and Ask. But how does the rest of the USA fare for tech start-ups?
USA TODAY asked the National Venture Capital Association to rank the top 10 cities for start-ups, based on dollars invested in young tech companies in 2011. Brainiac-rich Boston ranked No. 2, followed by capital-rich New York City, entertainment-meets-tech Los Angeles and business-to-business Washington, D.C.
High rents in San Francisco and New York are making other parts of the country, where living expenses are lower, more attractive. Some of the hottest names in tech are building facilities elsewhere — including software maker Adobe in the Salt Lake City area, chipmaker Intel in Portland, Ore., and Apple in Austin. These areas are seeing strong job growth because of the "available talent and relatively low costs" of real estate, says Colin Yasukochi, director of market research for real estate services company CBRE.
To read the original article: Top cities for technology start-ups – USATODAY.com
