Why aren’t more startups getting funded in Seattle? In the past 5 quarters there were only 13 early stage deals in Seattle. Seattle trails Bay Area and Boston startup investing. VCs, entrepreneurs and the local tech industry in general wring their hands over explanations and solutions.
GeekWire stirs up the debate every two weeks or so. Here’s the latest installment.
F5 and Isilon, two of Seattle’s hardware darlings, haven’t spun out many startups. It makes one wonder what’s keeping tech executives from leaving their day jobs. Is it lack of funding? Is it lack of a visible startup industry model, which undoubtedly has greater visibility in the Bay Area, possibly Boston?
I think there’s value in highlighting how and why senior executives leave MSFT, AMZN, Isilon, F5 and others. Owen Media works with Corensic, SpaceCurve and other Seattle startups. Watch this space for more insight on why their founders made the leap.
Posted by Paul Owen on July 17th, 2011 :: Filed under PR,Startups,Venture capital