In 2019 I wrote about how "industry towns" emerge in every market. These clusters of people, ideas, capital, service providers, and companies tend to have strong network effects that support startup formation and success in a given industry. For example, Silicon Valley, London, Beijing are global tech centers. New York, London, HK, Shanghai etc. are global finance centers. Hollywood, Lagos, Bombay are global movie centers.
Unicorn Market Cap & Industry Towns, 2020
Unicorn Market Cap & Industry Towns, 2020
Unicorn Market Cap & Industry Towns, 2020
In 2019 I wrote about how "industry towns" emerge in every market. These clusters of people, ideas, capital, service providers, and companies tend to have strong network effects that support startup formation and success in a given industry. For example, Silicon Valley, London, Beijing are global tech centers. New York, London, HK, Shanghai etc. are global finance centers. Hollywood, Lagos, Bombay are global movie centers.