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Comment by replicatorblog | Hacker News Reader

Boston has had at least one $1B+ tech IPO (not including bio) every year for the last decade. There have been as many High nine-figure, billion-plus acquisitions in the same period.

Boston doesn't get much in the way of national PR, but it's arguably the 2nd best city in tech, measured by liquidity over the last decade, in the country.

And not just in boring security/B2B areas. Wayfair is a top 10 ecommerce player. CarGurus has thoroughly beat TrueCar. DraftKings created its category.

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A little over a month ago Boston founded Simplisafe sold to a private equity firm for $1B

https://www.bostonglobe.com/business/2018/06/29/simplisafe/x...

Boston-founded by an HBS-grad engineer who made early units himself, and bootstrapped until raising from Sequoia's growth fund. An amazing story that got almost no coverage in the tech press.

That explains their recent advertising push!

Is the explanation that Silicon Valley companies invest a lot more in / are better at publicity - best example being Mark Zuckerberg boy genius meme?

I think it has more to do with the fact that 3 of the 5 most important companies in tech are headquartered there have a combined $2.3T in market cap whereas Boston's biggest tech co's, TripAdvisor, Akamai, and Wayfair, have a combined market cap of ~$30B.

that would do it. So really Boston can't really compare with SV because of that factor of 100 difference.

If you care about those companies, sure.

I'd cut my arm off before working at two of the three and the third would make me think about it pretty hard.

Once you've ruled out the more gross elements of tech...Boston stacks up pretty well.

Many of the large tech companies have offices in Boston/Cambridge. I work at Google Cambridge.

Yes, I know. I consider you extremely poor neighbors.

I'm a random engineer and not a company spokesperson, but still - what did we do?

Pill pack just sold for 1b

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