When We Say Silicon Valley is Different

When We Say Silicon Valley is Different

I have spoken before about Pittsburgh and other regions should not try to compare themselves to Silicon Valley.  Well, as part of my morning reading, I found the picture above from PWC’s MoneyTree and it really screams my argument.  The numbers are for Q4 and show that the entire mid-west does less then a quarter the VC funding of the valley.  In software companies specifically, we have less than a fifth ($88M to $486M).  Politicians that go on and on about making Pittsburgh the next silicon valley are disillusioned and trying to follow a special model that came up at a special time.  It gave them a market position that no one can aspire to, much less emmulate.