what makes the boston start-up scene special?

22
1--Confidential What Makes Boston’s Technology Start-Up Scene Special? Jeff Bussgang General Partner Flybridge Capital Partners

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Review of the Boston start-up ecosystem for entrepreneurs from Jeff Bussgang of Flybridge Capital Partners.

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Page 1: What Makes the Boston Start-Up Scene Special?

1--Confidential

What Makes Boston’s Technology Start-Up Scene

Special?

Jeff BussgangGeneral Partner

Flybridge Capital Partners

Page 2: What Makes the Boston Start-Up Scene Special?

2--Confidential

Intellectual Capital – academia, innovation, diverse industries and ideas

Venture Capital

Advisors, Angels, Accelerators

Successful Companies – to partner, poach and/or sell to

Ingredients for a Vibrant Start-Up Ecosystem

Page 3: What Makes the Boston Start-Up Scene Special?

3--Confidential

Historical Leadership

Page 4: What Makes the Boston Start-Up Scene Special?

4--Confidential

MIT – Factory of Innovation

33,600 companies, 300

each year, employ 3.3

million people, generate

sales of $2 trillion, 282

patents in 2008

Page 5: What Makes the Boston Start-Up Scene Special?

5--Confidential

Harvard – The Business-Side Partner

Page 6: What Makes the Boston Start-Up Scene Special?

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Other Colleges and Universities

74 colleges and universities in

Boston-area, 265,000 students, 8 research

universities pump $7 billion into economy, spending

$1.5 billion on

R&D yearly, 264 patents, 280 commercial licenses,

and 41 start-up companies.

Page 7: What Makes the Boston Start-Up Scene Special?

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Innovation Leadership: #1 Patents

Page 8: What Makes the Boston Start-Up Scene Special?

8--Confidential

Innovation Leadership: #1 NIH Funding

Source: NIH (2008); Center for an Urban Future

Page 9: What Makes the Boston Start-Up Scene Special?

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Innovation Economy Is Densely Concentrated

Page 10: What Makes the Boston Start-Up Scene Special?

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Geographic Clusters

495 Corridor

128 Corridor

Cambridge/Boston

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Venture Capital in Comparison

California: $14.3B

New York: $1.3B

Boston: $3.0B

Total VC Investment 2008

Source: NVCA 2009 Yearbook

Page 12: What Makes the Boston Start-Up Scene Special?

12--Confidential

Venture Capital Per Capita

California: $388/person

New York: $67/person

Boston: $457/person

VC Investment Per Capita 2008

Page 13: What Makes the Boston Start-Up Scene Special?

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Boston vs. Silicon Valley

Silicon Valley Boston

Page 14: What Makes the Boston Start-Up Scene Special?

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Life Sciences Leadership

Page 15: What Makes the Boston Start-Up Scene Special?

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Boston’s Energy Sector

Page 16: What Makes the Boston Start-Up Scene Special?

16--Confidential

High Technology MicroClusters:For Example, Strength in Mobile

• Hundreds of iPhone developers in MA• Over 50 VC-backed mobile start-ups• Three 9-figure exits:

• Enpocket, M-Qube, Third Screen• Mobile advertising leaders

• Quattro Wireless, JumpTap

iPhone developers using location API

Page 17: What Makes the Boston Start-Up Scene Special?

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Other MicroClusters

RoboticsCloud

Computin

g

Online Video

Gaming

E-

CommerceMarketin

g

Technolo

gy

Page 18: What Makes the Boston Start-Up Scene Special?

18--Confidential

Proximity to NYC

Page 19: What Makes the Boston Start-Up Scene Special?

19--Confidential

Recent Boston-area IPOs

Page 20: What Makes the Boston Start-Up Scene Special?

20--Confidential

Expansion of Major Tech Companies

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21--Confidential

Start-up Resources

More resources can be found at: http://dondodge.typepad.com/the_next_big_thing/2009/10/boston-startup-events-resources-people-you-need-to-know.html

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22--Confidential

Conclusion

#1 Boston

www.massitsallhere.com