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Town Square

Worst year to start high-tech company? 2000

Original post made on Oct 13, 2011

Only one in six high-tech companies that started in 2000 in Silicon Valley remained in business at the end of the decade, according to a report released Tuesday by the U.S. Bureau of Labor Statistics.

Read the full story here Web Link posted Thursday, October 13, 2011, 10:48 AM

Comments

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Posted by Dot Com
a resident of Cuesta Park
on Oct 13, 2011 at 3:18 pm

I think that VCs spent FAR more than $35M in 2000. I've worked for more than one startup company where just our one company got more than $35M of VC money in one year.


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Posted by Martin Omander
a resident of Rex Manor
on Oct 14, 2011 at 10:05 am

I think it should be $35 *billion*. See page 64 of the report: Web Link


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Posted by Mr. T
a resident of Cuesta Park
on Oct 14, 2011 at 8:12 pm

Also the worst year to spin-off a high tech company, e.g. Agilent Technlogies.

A former employee.