Is New York’s Lack of Venture Capital Diversity a Good or Bad Thing?

Of all the major venture capital markets, New York’s venture capital scene is the most tethered to a single sector – internet.  We’d recently commented on the relative diversity of Texas’ venture capital landscape and the top two states for venture capital – California and Massachusetts – show deals across a variety of sectors.

Is NY’s sector homogeneity from a venture capital deals perspective a good, bad or ultimately irrelevant statistic?  Let us know what you think.  Here’s some data so you can compare NY vs. California and Massachusetts below.

new york venture capital industry breakdowncalifornia venture capital industry breakdown

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massachusetts venture capital industry breakdown

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