Emerald City vs. Cowtown Entrepreneurial Ecosystem
From 2015-2020, 16 cities raised over one billion dollars in early-stage capital. Of those cities, nine of them have less than one million people, similar to Fort Worth. Removing the well-established startup cities from the equation, we are left with Seattle, Atlanta, Denver, Oakland, Washington, DC, and Nashville. However, these six cities have an average population of 604,706 (about half the population of Hawaii): roughly 350,000 less than the estimated population of Fort Worth in 2023. If Fort Worth is the 13th most populated US City, why is our entrepreneurial ecosystem not reflecting its size? Last summer, we analyzed what makes...