AOL co-founder Steve Case's new book details how startups in under-the-radar cities are booming
which launched last week, and aims to highlight the work being done in startup cities throughout the U.S., and encourage entrepreneurship in these cities that traditionally have not been known as startup powerhouses.
last year for the first time in 10 years, according to a report from Case's firm Revolution and VC data company Pitchbook. That's down from around 40% in 2014.Revolution/Pitchbook "There was this sense that Silicon Valley had an insurmountable lead because it had this culture around innovation," Case said."People wanted to be there because it's where most of the venture capital was. It's where most of the successes were. The sense was the Rise of the Rest cities, the only thing they really had going for them was lower cost of living. Now, people realize there's a broader set of advantages some of these cities have.
The brain drain that once plagued many cities across America is starting to subside, Case said, as graduates boomerang back to live and work in their hometowns.
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