Thursday, September 27, 2012

WSJ Top Startups List: SoCal Matches Silicon Valley On IPOs

One of the most interesting things about the Wall Street Journal's list of top startups in the U.S.? The number of IPOs of companies on the Journal's list from 2011 from Southern California matched the number of IPOs of Silicon Valley companies. Of the list of 50 startups, both San Diego's ServiceNow and fellow San Diego firm Active Network has IPOs last year, out of only a total of six IPO exits from the WSJ's list. ServiceNow was ranked last year at 49; Acitve Network was ranked at 16. Of the other four IPOs, two were from Silicon Valley firms (Imperva, Jive Software); and one from Utah (Fusion-io), and the other from Indiana (ExactTarget).

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