punctuative! by Matt Winn - Latest Comments in Venture Impact: Southeast Figures Prominently

Re: Venture Impact: Southeast Figures Prominently

matt_winn — Tue, 17 Apr 2007 22:49:17 -0000

Todd, I think you nailed it. Loren, great re-cut on the data. Thanks for fleshing this out, guys!

Best,
Matt

Re: Venture Impact: Southeast Figures Prominently

Loren — Mon, 16 Apr 2007 15:11:10 -0000

Interesting addition:
By factoring each state's population into this data (data from July 2006; sourced from Wikipedia: http://en.wikipedia.org/wiki/L... and re-ranking VC backed jobs normalized by state population, Tennessee and Georgia rise up to 2nd and 4th place respectively. This rough ranking would be better served by using total jobs by state (rather than total population), but that data didn't pop up on my first google search!

I've pasted the table below.
-Loren

Rank State Jobs Pop(M) Job/Pop New Rank
4 Massachusetts 639,881 6.44 9.9% 1
6 Tennessee 540,793 6.04 9.0% 2
7 Washington 444,463 6.40 6.9% 3
5 Georgia 604,254 9.36 6.5% 4
1 California 2,285,171 36.46 6.3% 5
10 Minnesota 302,049 5.17 5.8% 6
3 Pennsylvania 697,591 12.44 5.6% 7
15 Connecticut 173,395 3.50 4.9% 8
2 Texas 1,089,123 23.51 4.6% 9
9 Virginia 348,899 7.64 4.6% 10
12 New Jersey 279,893 8.72 3.2% 11
8 New York 415,661 19.31 2.2% 12
11 Florida 301,900 18.09 1.7% 13
13 Illinois 211,563 12.83 1.6% 14
14 Ohio 184,084 11.48 1.6% 15

Re: Venture Impact: Southeast Figures Prominently

Todd Higgerson — Mon, 16 Apr 2007 11:37:27 -0000

While I'd have to check to confirm, these numbers may include companies that were venture backed some time ago in the service sector like Home Depot and FedEx (headquartered in Georgia and Tennessee, respectively) that account for a significant number of jobs today.