PitchBook: West Coast’s share of total US VC deal value dropped to 50.2% in 2019 vs. 62.3% in 2018; 78% of funding went to CA, NY, and MA, up from 75% in 2018 (Kim Hart/Axios)


Kim Hart / Axios:

PitchBook: West Coast’s share of total US VC deal value dropped to 50.2% in 2019 vs. 62.3% in 2018; 78% of funding went to CA, NY, and MA, up from 75% in 2018  —  Venture capital investment is seeping out from Silicon Valley to the rest of the country, but the West Coast still dominates the market by a wide margin.

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