San Diego even though it possess a great local ecosystem of innovation it does appear to be a red headed step child for the attraction of Venture Capital funding.
I pulled this data from the PWC Moneytree website.
You can see that in terms of total dollars San Diego is still attracting a similar amount of dollars as in 2002. The percentage share of total funding is definitely trending lower.
I’m not sure what drives this but I think it may create some interesting investment opportunities.
If the allocation of investment dollars to sectors where capital is scarce then early stage investing in San Diego may present some opportunities.
That’s it from me and bye for now.