The San Francisco Bay Area, epicenter of the U.S. technology industry, is home to the FANG in FAANG—Facebook, Apple, Netflix and Google—with Apple the most highly valued company in the world, alone worth over $2.4 trillion.
So far this year, the Bay Area accounts for about 37 percent of venture dollars invested in the U.S. The Greater New York Area, by contrast, represents less than half that amount, receiving 17 percent of U.S. venture dollars invested. READ MORE