Thursday May 24, 2018

Startups: Saving College Grads From Life as Investment Bankers

Image representing Hunch as depicted in CrunchBase

Image via CrunchBase

In a new infographic comparing Silicon Valley to Silicon Alley startups, Chris Dixon, the co-founder of Hunch, said, “We’re helping save the next generation of college grads that would have gone over to Morgan Stanley.”

But John Doerr of Kleiner Perkins Caufield & Byers is a proponent of the left coast. He says Silicon Valley is in the middle of a third huge wave. “I prefer to think of the bubbles as booms.  I think booms are good. Booms lead over to investment.”

The infographic also displays some of the area’s most successful startups. California features slightly older companies like Twitter, Zynga, Hulu and Dropbox. Foursquare, Tumblr, Gilt Groupe and Kickstarter are some of New York’s heavy hitters. The newest companies on the infographic are New York’s Turntable and California’s Instagram.  The infographic can be found at the link below.