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How many tech startups are currently in SF and NYC? And how many new ones are created each year?
Hello, and thank you for your request for a table showing how many tech startups are currently in San Francisco and New York City, as well as how many new startups are created in these cities each year. Per your request, I have researched the total number of startups, as well as the number of new startups, and included those figures on the attached spreadsheet.
METHODOLOGY
In order to answer your question, I compiled data from startup databases, industry reports, tech news, and other relevant media sources. Specifically, for data on the number of startups, I utilized database Angel.co, which has one of the most comprehensive lists of startups, and also shows newly registered startups by month. I estimated the number of new startups via noting how many were registered month by month in both areas in this database.
Note that I used the following calculation to estimate annual growth rates: Average new startups per month, Jan-March 2017 x 12= Total startups per year. For New York City, the average new startups in the first three months of 2017 was 84 per month, and for San Francisco the average was 100 per month.
OTHER RELEVANT DATA
I also found the following additional data on the average value of tech startups, salaries at startups in these cities, and overall trends which may be relevant for your purposes.
San Francisco startups on average were valued on average about half a million more USD than New York City startups, with those in San Francisco listed having an average value of $5.4 million compared to NYC’s $4.6 million. This may be due to the movement of large tech companies from Silicon Valley into the city. In fact it was noted that 23% of the $47.3 billion invested each year in the US in tech startups went to those located in San Francisco.
I've also included a link to this recent article that outlines the reasons various tech startups choose San Francisco or New York City as a location, as it outlines factors that could impact future growth trends in these cities.
So in summary, the figures you have requested on the total number of startups in San Francisco and NYC, as well as estimates of how many new ones are created annually are on this attached spreadsheet. Thanks for using Wonder! Please let us know if we can help with anything else!