Magazine
    Next Score View the next score

    Examiner

    Fascinating facts and figures about Boston’s tech startups

    When it comes to innovation, the Boston area gives Silicon Valley a run for its money.

    Associated Press

    > 1 — The Boston area’s 2016 national ranking for preparedness for the digital economy, according to incubator 1776

    > 1,869 — Number of startups operating in the Boston area in 2016

    > 16% — Percentage of women founders of Boston-area startups, equal to the global average

    Advertisement

    > 30% — Percentage of immigrant founders of Boston-area startups; the global average is 19%

    Get Today's Headlines in your inbox:
    The day's top stories delivered every morning.
    Thank you for signing up! Sign up for more newsletters here

    > 22 — 2016 rank of the Boston-Cambridge-Quincy area among the country’s 40 largest metro areas for startup activity, according to the Kauffman Index, which measures new venture creation (2015 rank: 23)

    > 23 — Number of unicorn companies (privately owned tech startups valued above $1 billion) in which Boston-based Fidelity Investments has stakes

    > $6.3 billion — Market capitalization of onetime unicorn TripAdvisor

    > 10 — The area’s ranking for tech skills

    Advertisement

    > 48% — Percentage of Boston-area startups that offer all employees stock options

    > $382 billion — Boston’s overall metropolitan-area GDP; the global average is $267 billion

    > 25- to 34-year-olds with a four-year degree make up 7.6% of the adult population of the Boston metro area

    QUOTABLE

    “If you can’t feed a team with two pizzas, it’s too large.” — Amazon founder Jeff Bezos

    SOURCES: 1776; PitchBook; Kauffman Index; Startup Genome

    This story has been updated to clarify Boston’s share of four-year degree holders in the 25 to 34 age range.