The first 10 cities that made to the list according to the ranks were Silicon Valley, Tel Aviv, L.A, Seattle, New York City, Boston, London, Toronto, Vancouver and Chicago respectively. “Simultaneous with a global explosion of entrepreneurship has been an explosion in the rise of new startup ecosystems around the world, and a new found maturity in others,” says the report.

The authors of the report have reached out to a vast mass with the report and this has been created by using databases of September report, conducting interviews with prominent entrepreneurs and investors.  

12 Interesting findings by the report:

Some of the most developed eco systems such as London and New York have more than 70 percent less risk capital available than Silicon Valley.

Bangalore startups tackle 67% more smaller markets than their peers in SV. They are 10% less likely to tackle $1B – $10B, and 51% less likely to tackle $10B+ markets. Overall, Bangalore startups are less ambitious.