Changes

For 2020:*[http://www.edegan.com/PlaceYearRankingTop200-2020.txt Top 200 U.S. Startup Cities 2020]*[http://www.edegan.com/StateYearRanking-2020.txt U.S. Startup States 2020] All years (1980-2020) in a single file:*[http://www.edegan.com/PlaceYearRankingTop200-1980to2020.txt Top 200 U.S. Startup Cities 1980-2020]*[http://www.edegan.com/StateYearRanking-1980to2020.txt U.S. Startup States 1980-2020] These datasets were built using Version 3 of the ranking code. See [[Ranking US Cities by Venture Capital]]. ===Previous Releases=== Updates to the data were done for 2017 and Q1/2 of 2018, and the list was expanded beyond the top 100 cities to include all U.S. cities that have received venture capital from 1980 to the draw date. State rankings were likewise added. When using this data, please reference them as: Egan, Edward J. (YYYYQX), "YYYY U.S. Startup City Rankings", Available from www.edegan.com/wiki/US_Startup_City_RankingOr: Egan, Edward J. (YYYYQX), "YYYY U.S. Startup State Rankings", Available from www.edegan.com/wiki/US_Startup_City_RankingSubstituting YYYY for the year and QX for the quarter. The results are available as tab-delimited text files:*[http://www.edegan.com/Ranking2016WMove.txt 2016 U.S. Cities]*[http://www.edegan.com/Ranking2017WMove.txt 2017 U.S. Cities]*[http://www.edegan.com/Ranking2018Q12WMove.txt 2018 Q1&2 U.S. Cities]*[http://www.edegan.com/Ranking2016WMoveState.txt 2016 U.S. States]*[http://www.edegan.com/Ranking2017WMoveState.txt 2017 U.S. States]*[http://www.edegan.com/Ranking2018Q12WMoveState.txt 2018 Q1&2 U.S. States] ===2016 Top 20===

These reports use data from Thomson–Reuters VentureXpert to examine growth venture capital (VC) investment in the United States for each year (or part of a year) and generate a ranking for U.S. startup cities. The overall ranking is based on equally weighting cities’ ranks for growth there measures:#Growth venture capital dollars invested, the #The number of new growth venture capital deals (i.e., first growth VC investments into a startups), and the #The number of active startups actively funded with growth VC-backed startupsventure capital (see below).

The difference between growth and transactional VC is described in [https://www.bakerinstitute.org/media/files/files/52cdbe0c/bi-brief-030518-mcnair-growthtransvc.pdf Egan and Carranza (2018)]. EssentiuallyEssentially, growth VC is seed, early , or later -stage investments in into nascent, privately-held, predominantly high-growth high-tech startups.

We follow the academic convention and define a firm as an active recipient of venture capital if not more than 5 five years have elapsed since the last round of investment and the firm has not experienced an IPO or an acquisition. This definition overstates reality -- perhaps as many as half of all "active" firms will be either dead or living-dead in a given municipality.

Users with internal access can see A full description of the data processing is available on the project page [[Ranking US Cities by Venture Capital]]project page.

==Outside References==