Why is Downtown Crossing (DTX) such a hot market? Price, access, infrastructure and vibe. Wanderu chose DTX over all other options in the city because it checked all 4 boxes.
Click over to watch the video on the Boston Business Journal.
Tag Archives: Boston startup office space
0 Boston Ranks 2nd in Tech Employment, VC Funding
Office building at 30 John F Kennedy Boulevard, Cambridge
The greater Boston market is strong for tech jobs and VC funding into tech company. When clients as why the rapid rent growth from 2010 to now? Supply and demand to the absorption by venture backed tech companies.
According to a report in the Boston Business Journal, “Boston with its more than 145,000 tech jobs trails only Silicon Valley in terms of total high-tech employment, noting that Greater Boston experienced a 4.3 percent growth in high-tech jobs over the year. Silicon Valley had year-over-year tech-related job growth of 5.2 percent and employed a little over 213,000 people in the industry, the report noted. But the results aren’t much of a change from last year’s report, which stated that the Boston area was No. 2 in terms of tech jobs and No. 4 in venture funding…The Boston area also scored big in venture funding during the second quarter of this year, accumulating a total of $441.6 million in funding during the time period, according to the report. San Francisco, Silicon Valley and Manhattan all snagged more venture capital funding than the Boston area.”
The full article is available on the BBJ website.
0 Blade Unveils $20M Seed Fund for Boston Tech Start-ups
Consumer Tech is a hot spot and Blade has launched a $20M seed fund to assist which is headed up by Kayak co-founder Paul English.
The new fund is led by Paul English, co-founder of Kayak Software Corp.
According to pymnts.com, “english plans to invest $250,000 to $1 million per startup. The fund works, each selected startup will be able to use the office space at Blade’s offices in Boston for a few months, or a full year, depending on their needs, and what they are building.”
Details on the fund and its initial start-up selections, are available, here.
0 FinTech Program for Burgeoning Boston Financial Services Startups
Entrepreneurs: do you have an idea focused on the Financial Services sector? Look no further, Fidelity and Amazon would like to help back fledgling Boston startups through a new program, tagged the Fintech Sandbox.
A Boston Globe editorial highlights the target:
“Fintech entrepreneurs have a unique problem, which is the high cost of data to help them build applications,” said David Jegen, managing director of Devonshire Investors, the private investment arm of the Johnson family, which controls Fidelity. “They raise $2 million of venture capital funding, and then spend $500,000 of it buying market data from Bloomberg or Thomson Reuters. Or they show up to customers, who say, ‘Nice app, but it hasn’t been tested on robust data sets.’ We think that is a problem we can help solve.”