There Weren't That Many Tech Startups Founded in 2013

There Weren't That Many Tech Startups Founded in 2013Image via Mashable

The tech industry been in the throes of startup mania for the past few years, but it looks like things may finally be slowing down. 

According to data compiled by SeedTable, and illustrated by Statista, 2013 saw a significant drop from the previous year in the number of startups founded in 10 cities widely considered to be tech hubs. For instance, in 2013, there were 64, 39, and 19 startups founded in San Francisco, London, and Berlin, respectively. That's down significantly from the 336, 216, and 63 ventures started in those cities in 2012.

What does it all mean? Are we finally running out of ideas or is this the so-called bubble we've been hearing about?

[via Mashable]

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Tags: startups, seedtable
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