19

DENVER and BOULDER

The Denver and Boulder ecosystem is still looking for its juggernaut, but young burnouts from New York and Silicon Valley have found an actual work-life balance in the area. With a young and progressive population, affordable living, sunny weather, and a variety of natural beauty, there is a much more laid-back startup culture in Colorado. This leads to a more helpful and collaborative atmosphere—startups are sharing networks, as opposed to poaching employees. 10,000 people a month are moving to Denver to take advantage of the sun, the healthy lifestyle, the lower cost of living and the startups.

AGGREGATE VENTURE ACTIVITY Q4’15 - Q3’16

VC FUNDING: $2.5B

DEALS: 285

EXITS: 83

5 YEAR YoY FUNDING GROWTH: 14.0%

5 YEAR YoY DEAL GROWTH: 11.1%

Source: CB Insights