3/12/2010 9:00:00 AM
The WSJ has a new listing out of "promising" young firms
that might be of interest to readers. This list is a classic example of why people default to using venture capital data frames: 1) venture capital is perceived as a good proxy for "innovativeness" and "high-potential" and 2) the data can be disclosed with actual business names. But I'd caution readers to remember that venture capital funding is historically coast-centric and that while venture capital data is often a helpful starting point for considering innovation young firms, it is not often an ending point. The majority of young, high-potential firms in the country will exist for years before receiving venture capital backing (if that ever occurs).