1. What Makes Boston’s Start-Up
Scene Special?
Jeff Bussgang
General Partner, Flybridge Capital Partners
Senior Lecturer, Harvard Business School
Fall 2014
1--Confidential
2. Intellectual Capital – academia, innovation,
diverse industries and ideas
Advisors, Angels, Accelerators- seed $
Venture Capital – scale $, mentorship
Successful Companies – to partner, poach
2--Confidential
and/or sell to
Ingredients for a Vibrant
Start-Up Ecosystem
14. Venture Capital: Regional Comparison
14--Confidential
California:
$94B
Massachusetts:
$33B
New York:
$20B
Total VC Capital Under Management
Source: NVCA 2014 Yearbook
76% of total VC $ in these 3 regions
15. VC Capital Under Management Per Capita 2013
15--Confidential
Venture Capital Per Capita
California:
$2.5k/person
Massachusetts:
$4.9k/person
New York:
$1.0k/person
Source: NVCA 2014 Yearbook, US Census
19. High Technology MicroClusters:
For Example, Strength in Mobile
• Hundreds of iPhone developers in MA
• Over 50 VC-backed mobile start-ups
• Seven 9-figure exits:
• Crashlytics (Twitter)
• Enpocket (Nokia)
• Jumptap (Millenial Media)
• M-Qube (Verisign)
• Quattro (Apple)
• Third Screen (AOL)
• Where (PayPal)
• Other mobile leaders
• Adelphic Mobile
• Drizly
• Fiksu
• RunKeeper
• SavingStar
• SessionM
19--Confidential
iPhone developers using location API
21. Strong Community of Women Tech Leaders
21--Confidential
Gail Goodman
Constant Contact
Abbie Celniker
Eleven
Biotherapeutics
Nicole Stata
Boston Seed
Michelle Dipp
Ovascience
C.A. Webb
N.E.V.C.A
Katie Rae
Project II
Helen Greiner
CyPhy
27. Investors and Entrepreneurs to Follow
Investors Blog URL Twitter
Rob Go / Next View robgo.org @robgo
Chip Hazard / Flybridge hazard.typepad.com @chazard
Antonio Rodriguez/Matrix an.ton.io @antrod
Bijan Sabet / Spark bijansabet.com @bijan
David Skok / Matrix forentrepreneurs.com @bostonvc
Michael Skok/Northbridge mjskok.com @mjskok
Entrepreneurs Blog URL Twitter
David Cancel/Hubspot davidcancel.com @dcancel
Wayne Chang/Crashlytics waynechang.com @wayne
Diane Hessan/Commun. @CommunispaceCEO
Jules Pieri/DailyGrommet jules.thegrommit.com @julespieri
Dharmesh Shah onstartups.com @dharmesh
Mike Troiano/Actifio medium.com/@miketrap @miketrap
27--Confidential
28. 28--Confidential
Harvard Start-up Resources
HBS EIRs
2014
Ajay Agarwal
Marla Malcolm Black
Stephen Bonner
Sam Clemens
Chuck Davis
David Hornik
Janet Kraus
Eric Paley
Jules Pieri
Ruben Pinchanksi
Diego Rodriguez
Rudina Seseri
Jim Sharpe
Steven Sinofsky
Jim Southern
Russ Wilcox
Campus Resources
NYC STARTUP TREK
29. Conclusion: Boston Ranked #1
City of Global Innovation Economy
29--Confidential
#1 Boston
www.massitsallhere.com