Startup company in Silicon Valley

1. Silicon Valley's startup ecosystem is still much bigger than New York's

According to the researchers at Startup Genome, the startup ecosystem in Silicon Valley is still 3X bigger than New York. It's also 4.5X bigger than London and 38X bigger than Boulder.

2. Companies in Silicon Valley are more successful than anywhere else

Silicon Valley sees 22% more startups make it to scale stage than New York City.

3. Silicon Valley startups raise more money early on

Silicon Valley startups raise 2-3X more than New York startups during the early stages, which Startup Genome calls Discover, Validation and Efficiency. New York startups actually raise 27% more during the scale stage.

4. Silicon Valley startups create more jobs

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Silicon Valley startups create 11% more jobs than New York startups in the efficiency and scale stages, says Startup Genome.

5. New York startups are riskier than Silicon Valley startups

Startup Genome writes, "The number of high risk companies decreases steadily through the startup lifecycle, except in New York City where the number of high risk companies spikes from 45% to 67%, and has 4x more high risk companies in the scale stage than Silicon Valley."

Silicon Valley startups are more likely to make games; New York startups are more likely to build marketplaces

"Compared to New York entrepreneurs Silicon Valley entrepreneurs are 2x more likely to be build games, 50% less likely to be build marketplaces, 23% more likely to be build social networks, 3.5x more likely to be build infrastructure and 2.5x less likely to be build financial tools, " Startup Genome writes.

7. Silicon Valley startups are more likely to tackle new markets

Silicon Valley founders are more likely to make startups that go after a new market; New York founders are more likely to tackle existing markets with product improvements.

8. Silicon Valley entrepreneurs are more "ambitious" than New Yorkers

Silicon Valley founders are more likely to think their startup's market size is greater than 10 billion and 2X less likely to think the market size is under 100 million.

9. Silicon Valley startups generate revenue differently than startups elsewhere

Although subscription fees are how startups everywhere tend to make money, Silicon Valley startups are more likely to generate revenue via lead generation and virtual goods. They're less likely to use a license fee model.