US Misc - Startup Scene
The united states has long been a breeding ground for entrepreneurs and innovators with a history dating back to the days of thomas edison and henry ford the countrys geography is vast ranging from the bustling tech hubs of the west coast to the financial centers of the east coast and from the urban areas of the northeast to the sprawling suburban landscapes of the south and midwest the population of the united states is over 330 million making it the third most populous country in the world technological innovation has been a key driver of the startup scene in the united states with breakthroughs in fields ranging from computing and the internet to biotech and clean energy many iconic companies were founded in the us including apple amazon google facebook and tesla the united states has a rich history of events that have shaped the entrepreneurial landscape including the gold rush of the 19th century the dotcom bubble of the late 90s and the great recession of the 2000s some of the top universities in the world are located in the united states including harvard stanford and mit the living wage in the united states varies greatly depending on the location but the federal minimum wage is currently 725 per hour the unemployment rate in the united states has been volatile in recent years with a low of 35 in 2019 and a high of 148 in 2020 due to the covid19 pandemic the citylevel gdp of the us is also varied with new york city being the largest city economy with a gdp of 16 trillion the rate of new companies starting and ending in the united states is high with thousands of new startups being launched each year and a similar number going out of business despite this the us startup scene continues to thrive due to its large population vast resources and entrepreneurial spirit however the high cost of living in some areas income inequality and regulatory hurdles can make it difficult for some startups to succeed overall the united states remains a key player in the global startup ecosystem and is likely to remain so for years to come
PrizesHuge thanks toWellfound for sponsoring this Award!
