Is Hawaii a Startup Paradise?

Notice from Early Investing’s editors: There’s been plenty of buzz about how Silicon Valley could also be shedding its throne as a startup hub. Components corresponding to sky-high dwelling bills in California, the rise of distant work and on-line startup investing are altering the entrepreneurial and enterprise capital panorama.

However the place will the “subsequent” Silicon Valley be?

Our pals at KingsCrowd just lately examined how on-line crowdfunding broke down throughout state traces in 2021. They usually discovered one thing which may level to the place future founders will base their operations. Spoiler alert: it isn’t New York or Florida.

In our final Chart of the Week, we found that the house state of startups elevating capital through Regulation Crowdfunding in 2021 didn’t correlate a lot with the inhabitants. Different components corresponding to legal guidelines and taxes entice founders. Whereas the variety of on-line startup offers tells us concerning the funding alternatives in a state, the quantity of capital invested in startups tells us about their high quality and enchantment to buyers. 

On this Chart of the Week, we’re trying on the quantity of capital invested in every state through Regulation Crowdfunding in 2021.

However is there any correlation between a state’s inhabitants, the variety of startups that come from it, and the quantity of capital these startups elevate?

Learn the total evaluation from KingsCrowd right here.