Mass. drops to third in venture capital cash for first time

I thought one of the big problems in MA is that the courts favor the employer re: non-compete clauses. If I'm remembering correctly, this would be a real damper on the ability of talent to pursue opportunity.

The full report is here: <a href="http://www.cbinsights.com/blog/venture-capital/quarterly-venture-capital-report-q3-2011" rel="nofollow">http://www.cbinsights.com/blog/venture-capital/quarterly-ven...</a>

Can anyone speak to why New York has become such a good locale for venture capital? I live in Seattle, and haven't really kept up with the state of things in New York. Is it simply that the firehose of capital available there is being turned in a new direction, or are there other structural reasons why NYC is a great place to start a business?

Good - Boston VCs need a serious kick in the pants with how they treat entrepreneurs. I don't think this will be ego-busting enough to do it though.

Meh... I don't think this is really big news.<p>"Massachusetts firms experienced a year-over-year decline in the number of VC deals in the third quarter"<p>This is looking only at this quarter vs. the same quarter a year ago. Take a look at VC funding over a year and it's not a smooth cash flow. You get peaks and valleys and it's often a few really big investments that drive those variations.<p>If, at the end of this year Boston is raising less cash than NYC (comparing all of 2011 to all of 2010) and then I might concede something is happening.