California Wins VC Money, by a Landslide
April 06, 2012 at 01:40 AM EDT
California gets slammed for any number of reasons-budget deficits, earthquakes-but it's a big winner when it comes to venture capital (VC) spending. It drew more VC investment than any other state last year, by a landslide. More than half the $28 billion spent nation-wide last year went to California.