Startup Infographics Archives

Entrepreneurship is on the rise. The US, as well as other parts of the globe, are turning to startups, innovators, and entrepreneurs to reinvigorate the economy. As entrepreneurship and startups become more popular, working for startups is becoming the “in” thing to do. It seems more and more MBA’s, college graduates, and even people who didn’t go to college at all are turning to startups for work rather than blue chips.

The folks over at VentureVillage have compiled an infographic that shows off the Pros and Cons to working at a startup.

The Pros are of course things like culture, flexibility, and more responsibility. Factors like low compensation, bad work/life balance, and instability top the negatives when looking at a startup job.

If you’re looking to work at a funded startup you may have better luck than working at a bootstrapped startup. However a bootstrapped startup may offer you opportunities a funded startup can’t, like outrageous equity.

It’s apparent that working for a startup is a gamble in itself, but it could payoff. It’s hard to believe but companies like Facebook, Twitter, Instagram and even Google were at one time startups themselves. Their earliest employees are all pretty well off now.

Take a look at the infographic below and for more visit venturevillage.eu

We know that startup scenes are booming across the United States, but other areas around the globe are also growing, sometimes even faster than their US counterparts. A recent infographic published by the Australian arm of Intuit highlighted the latest Startup Genome data from across the globe and found out that out of the top 20 startup ecosystems across the world, the US only lays claim to six.

Obviously Silicon Valley still ranks in at the top. That’s quickly followed by Tel Aviv which came in second. Many actually refer to Israel as the “startup country,” although most of their startup activity is concentrated in Tel Aviv.

Los Angeles, Seattle, New York, Boston, and Chicago round out the rest of the US entries in the data set.

One of the most interesting pieces of data points to the fact that many entrepreneurs are migrating away from Silicon Valley to other cities across the globe. 35% of startup founders in Waterloo, Canada previously lived in Silicon Valley. The same holds true for 33% of the founders in Singapore and 31% of the founders in Toronto.

Guess who works harder?

If working long hours is an indication of actually working harder Singapore, not Silicon Valley, takes the cake. Singapore entrepreneurs average 11 hours per day while their counterparts in Silicon Valley work an hour and a half less.

Check out all of this intriguing startup city data in Intuit’s infographic below.

Pros And Cons of Working At A Startup [INFOGRAPHIC]

A Startup World In An Infographic