Southern California Is A Place Where IPOs Are Made

→ by Andy Yen < @renowned >
at 11:54am Apr 20, 2011

Remember the glory days of the dot-com era bubble in the early 2000′s when it seemed like every day brought a new group of startup IPOs?

Nowadays, there’s only about 44 venture-backed companies in the US waiting to go public. The WSJ’s Venture Capital Dispatch recently released some interesting statistics on those companies. Only one of those companies is younger than three years old, while 79% of the companies in the IPO pipeline have been around for more than 6 years. You can bet your sweet tushy that those wild days of rushed startup IPOs to get rich quick are long gone.

The more interesting statistic, however, is the locations of these IPO pipeline companies:

So much for the East Coast/West Coast rivalry, at least when it comes to this list. More than half of the companies are based in California, though Silicon Valley doesn’t dominate–13 companies are in the San Francisco Bay area, while 10 are in Southern California.

We’re Number Two!

We’re Number Two!

We’re Number Two!

Oh, sorry, got a little carried away there. And, admittedly, geographical location may not say too much about the secret sauce that has made these startups successful, but it’s still great to see some extra validation that successful startups can make it in SoCal. The number of IPO pipeline companies down here is getting dangerously close to passing the Bay Area’s numbers.

You hear that, Valley people? We’re coming for you!

Read More: A Look At The Venture-Backed IPO Pipeline – Venture Capital Dispatch – WSJ.

About the Author: Andy Yen

Andy loves to live his digital life on the bleeding edge. He usually falls into the category of "early adopter" by being in on new gadgets and beta versions of software and sites. Most of the time it doesn't end up biting him in the ass. He also loves video games and music and curates a site called My Day Will Come if you're into those sorts of things.

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