For as long as anyone covering the U.S. startup investment space can remember, there have been exhortations to spread the wealth in a more geographically diverse manner.
A handful of coastal metros, led by the San Francisco Bay Area, have long swallowed up the lion’s share of venture funding. While Austin, Denver, Chicago and other inland cities do boast sizable and diversified startup scenes, they’ve generally captured no more than a single-digit percentage of investment. READ MORE