EconoMeter: SD as #1 startup haven?
Forbes ranks San Diego at top of startup center
Roger Showley, U-T SAN DIEGO
Friday, March 21, 2014
Kelly Cunningham, National University System
This surprising ranking is more often a result of the type of individuals choosing to live in San Diego. Many smart, adventurous, innovative and independently minded people opt to live here and are not satisfied with an 8 to 5 job while wanting to be their own boss. Networking or clustering occurs among specific niches cultivating the talented workforce and nurturing entrepreneurial ventures. The next stage of start-up development becomes the more daunting challenge for businesses seeking to raise capital and expand markets. Overbearing costs, taxes, and regulations burden start-ups attempting to reach the second phase of business survival and expansion.