<story><title>Boston-area startups are on pace to overtake NYC venture totals</title><url>https://techcrunch.com/2018/08/04/boston-area-startups-are-on-pace-to-overtake-nyc-venture-totals/</url></story><parent_chain></parent_chain><comment><author>aaavl2821</author><text>The article sort of buries the real reason for this: the large amounts of biotech VC funding. Boston is the world-center of biotech startups and VC, and biotech VC funding is on pace to be $15-20B this year. As recently as 2013 __total__ VC activity was just $29B&lt;p&gt;The amount of money being invested (and made) in biotech today, and the level of technological advancement in the field, is disproportionately higher than mainstream awareness of the field</text></comment>
<story><title>Boston-area startups are on pace to overtake NYC venture totals</title><url>https://techcrunch.com/2018/08/04/boston-area-startups-are-on-pace-to-overtake-nyc-venture-totals/</url></story><parent_chain></parent_chain><comment><author>swampthinker</author><text>Some of SV&amp;#x27;s biggest tech companies and institutions started in Boston. Reddit was in Davis, Drew started Dropbox while he was still at Bit9, Zuckerberg was in his Harvard dorm with staff meetings at Pinocchio&amp;#x27;s pizza. Hell I used to live next to the original YC office in Cambridge.&lt;p&gt;The talent exodus and missed deals was a huge wake-up call for Boston VC&amp;#x27;s to take more risk, and I think we&amp;#x27;re finally seeing the results.</text></comment>