UK Third Behind California and Massachusetts

Library House posted  an interesting chart today on their World Rankings, providing the following chart:

California is the king of the hill, followed by Massachusetts, then the UK.

By default, that means London and surrounding areas (which represents about 60% of all UK investment activity).

It's amazing to see the spread between investment amounts in the UK and California - 9:1.

The average amounts invested per company are roughly 2:1. That matches nicely with Simon's numbers which suggest Europe is building $100 million companies for half the cost.