The global startup ecosystem rankings at out. Since we had a chance to partner with the team putting together this research I had a chance to learn the methodology a lot more this time. There are three observations I have regarding he overall report and a follow up to an early comparison of the 2 startup ecosystems I have the most experience with – Seattle and Bangalore.
First, the two ecosystems are not that different in many aspects – the criteria used by compass were:
1. Performance (exits, valuations, etc).
2. Funding access
3. Market reach
5. Startup experience
and finally Growth index.
1. Growth: Bangalore is growing dramatically, at 2.5 times Tel Aviv’s growth and more than 3 times Seattle. It will be a matter of time before the total number of startups from Bangalore will be more than that of Tel Aviv or Seattle combined…
View original post 271 more words