Los Angeles saw the largest drop in deal flow to VC-backed startups in 2016.
While Silicon Valley remains the top area for VC-backed startup funding, activity has long since defused to New York and beyond, with LA and Boston seeing a large number of deals and dollars flowing to startups in the region.
Below we used CB Insights data to compare deals and funding to VC-backed companies in the LA, Boston, and NYC-metro areas from 2012 through 2016.Los Angeles: Annual funding trends
In 2016, equity funding to VC-backed companies in the Los Angeles-metro area saw a 14% increase from $3.63B in 2015 to nearly $4.15B in 2016. Meanwhile, deal flow dropped 26% from a high of 284 in 2015 to 210 in 2016.Read Complete Article