Is Pittsburgh Going to be Hurt When the Tech Venture Bubble Bursts?

by Jonathan Cavell on March 16, 2011

in Headlines

The following is from a blog post by Burgher Jon:

I traded a couple tweets with Mike Capsambelis (@mikecaps) several weeks ago and it got me thinking about the bubble in tech investing.  The Pittsburgh startup scene is one of the fastest growing tech startup scenes around, for the full year of 2010 the VC dollars in our system were up almost 68% compared to a national increase of only 12%.  If this growth is bubble related, it would make Pittsburgh a likely target to become a GIANT splatter when the bubble bursts.  I’m not overly concerned about this though, and I’ll give you three reasons why…

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