I think your population size argument is something like:
- SFBA has ~2% of the population of the US
- London has ~10% of the population of the U.K.
- the populations of the areas are similar (ca 7e6)
So for SFBA to feel full of startups, you can get away with e.g. 0.2% of the population of the US doing tech startups in the Bay Area at any one time, but for London to feel similarly full of startups, you would need 1% of the population of the UK doing tech startups in London at any one time.
Is that the point you are making about size, or is it something else? Network effects in VC?
Nothing so fancy, I just meant that a bigger population size will inherently create more successful companies. But your stats about population density are interesting, thanks!
- SFBA has ~2% of the population of the US
- London has ~10% of the population of the U.K.
- the populations of the areas are similar (ca 7e6)
So for SFBA to feel full of startups, you can get away with e.g. 0.2% of the population of the US doing tech startups in the Bay Area at any one time, but for London to feel similarly full of startups, you would need 1% of the population of the UK doing tech startups in London at any one time.
Is that the point you are making about size, or is it something else? Network effects in VC?