By: Erin
First Round Capital collected and analyzed data from 300 of its portfolio companies over the past 10 years and found that teams with at least one female founder performed 63 percent better than all-male founder teams when looking at how much the company values have changed since the firm’s investment. The firm acknowledges that its portfolio is only a fraction of the entire market, but the findings are valuable. Check out the entire report for additional insights. Below is a recap of the rest of this week’s trending conversations and news from Boston’s startup ecosystem.
OpenView Partners: Creating a Manageable, Measurable PR Program: A 4 Step Plan for Startups
If you’re an entrepreneur in the early stages of building your company, crafting your PR and marketing strategy needs to come sooner rather than later. To make sure the time you put into PR is well spent, check out this guest blog from Metis detailing four steps for laying out a manageable, measurable program.
CityLab: The World’s Leading Startup Cities
The 2015 edition of the Startup Genome Project from Compass provides a new ranking for the world’s leading startup cities. The report is based on data from 11,000 global startup companies, interviews with more than 200 entrepreneurs worldwide, and data from Crunchbase and other sources. Its ranking gauges the world’s leading startup ecosystems—the broad infrastructure of talent, knowledge, entrepreneurs, venture capital, and companies that make up a startup community. Boston comes in fourth right behind Silicon Valley, New York City and Los Angeles.
Boston Business Journal: Six 'unicorns' born in Boston with valuations above $1B
DraftKings became the most recent private tech firm in Boston to achieve unicorn status – a venture-backed company with a valuation of at least $1 billion. BBJ created a slideshow highlighting five other Boston-born startups from 2014 to 2015.
BostInno: Police Are Now Testing This Harvard Startup's Throwable Cameras
Bounce Imaging is now shipping out 100 Explorers, softball-sized throwable cameras that instantly transmit 360-degree images to a mobile device when tossed into hidden areas, such as hostage situations, burning buildings or rubble. The Explorer, which initially launched as a prototype in 2012, will be tested by Revere and North Metro SWAT team and the Maine Department of Corrections.
What are your favorite Boston-based stories from week? Tell us what we missed.
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