In the good old days, Hertz was the leader in auto rentals and Avis was a perennial number two. Its tag line was, “We try harder.” And that fits the way Boston‘s VC industry sees itself.
Silicon Valley start-ups raised three times more capital than second-ranked New England in 2012. But April 8, the NVCA reported that three Boston-based VC firms — Battery Ventures, Third Rock Ventures, and Spark Capital – raised 37% of the $4.1 billion in funds hauled in by America’s VCs in the first quarter of 2013.
To read the original article: 3 Reasons Boston is Venture Capital's Avis - Forbes
