Category Archives: Monterey

27/1/18: VCs Funding Bonanza. Missing Central Coast

Based on data compiled by Bloomberg, 2017 was a bumper year for VC-funded startups across the U.S., with significant increase in the geographic diversification of funds flows across many states.

You can see the full analysis here:

From our local, Monterey, perspective, here is the kicker: in 2017, Monterey County (with population around 415,000) was ranked below its neighbor, Santa Cruz County (with population of around 262,000) in terms of total VC-funded deals volumes. And by a significant margin lower.

You can see this from the chart for 2017

Of course, every cloud has a silver lining, of sorts. The one this year is that at least Monterey County managed to register on the VCs' radar. Back in 2015 it was just a blank void for start ups investment.