We're back 👏 For all the chatter about the decline of San Francisco, data repeatedly shows that the Bay Area, including the city itself, is still the best place for venture-backed startups. Startups located in the Bay Area vacuumed up $90 billion of VC investment in 2024, which was 57% of the $178 billion of global venture funding spent last year, new stats released on Tuesday by Crunchbase show. As we previously reported, this isn’t just happenstance. It’s a result of the area’s dominance in AI, the biggest tech of 2024, as well as being home to Big Tech (Google, Nvidia, Salesforce, etc.), and a longstanding startup infrastructure there — from Y Combinator to the VC-land of Sand Hill Road. Read more on Crunchbase's findings at the link in the bio 👆 Article by Julie Bort Image Credits: Ron Albers / Getty Images #TechCrunch #technews #startups #founders #venturecapitalists #fundraising