Seattle: The Next Silicon Valley

SEATTLE: THE NEXT SILICON VALLEY Silicon Valley may have been the King of Tech Startups for what seems like forever but another emerging contender is gearing up to be on top. Seattle may be known for its musical history and consuming huge amount of coffee but it is fast becoming one of the top location for tech startup companies and even housing offices for established companies like Google and Facebook. SILICON VALLEY & SEATTLE TECH COMPANIES Established Tech Companies Headquarters in Silicon Valley and Seattle O900 00900 AT CANHAS CHEEZ URGER Microsoft amazon.com eb Y .. wetpeint CISCO Adobe hp BIG FOH Games Google ezillow Cop twitter all recipe Groundapeak Cap Dropbox SILICON VALLEY SEATTLE EMPLOYEES SALARIES Annual Avearage Salary of Common Tech Jobs Executive Assistant Web Developer $54,000 SILICON VALLEY $39,000 SEATTLE $113,000 SILICON VALLEY $83,000 SEATTLE Software Engineer Graphic Designer $112,000 SILICON VALLEY $82,000 SEATTLE $68,000 SILICON VALLEY $52,000 SEATTLE Project Manager Web Designer $108,000 SILICON VALLEY $79,000 $94,000 SILICON VALLEY $69,000 SEATTLE SEATTLE SILICON VALLEY vs. SEATTLE Pros and Cons of Cost of Living in Silicon Valley and Seattle Cost of Office Space Rent per Square Foot Cost of Electricity per KWH $3.50 SILICON VALLEY $2 $0.089 $0.203 SILICON VALLEY SEATTLE SEATTLE Cost of Monthly Rent for a 900 Sqft Furnished Apartment Cost of Gasoline per Gallon $2,577 SILICON VALLEY $1,560 SEATTLE $3.611 $3.494 SILICON VALLEY SEATTLE Cost of 1 Beer in Neighborhood Pub Cost of Public Transportation (per month) NO. 01 TICKET NO. 01 TICKET $5.08 SILICON VALLEY $4.75 $71 $68 SEATTLE SILICON VALLEY SEATTLE Cost of Living Comparison between the Silicon Valley and Seattle COST OF LIVING IN SEATTLE IS 17% CHEAPER THAN IN SILICON Food: 1% Cheaper in Seattle Housing: 27% Cheaper in Seattle Clothes: 22% Cheaper in Seattle Transportation: 0% Cheaper in Seattle Personal Care: 19% Cheaper in Seattle VALLEY Entertainment: 20% Cheaper in Seattle OFFICE BRANCHES IN SEATTLE Tech Companies that opened offices in Seattle AT Google salesforce Azynga JAWBONE Adobe SEATTLE'S APPEAL What makes Seattle more appealing to entrepreneurs compared to Silicon Valley Human Capital The local availability of capital to invest in innovative startups Smart risk-takers who create teams of people willing to operate these startups University of Washington's Computer Science and Engineering program is one of the top 10 programs in the country. The other engineering programs such as electrical, mechanical, and chemical engineering also boast high rankings Madrona Venture Group is one of the premier venture capital firms in the Pacific Northwest. Startup incubators TechStars and Founders Co-op (or super angels, or micro-VCs) They were one of the original investors in Amazon.com SOURCES http://www.xconomy.com/boston/2011/01/25/are-startup-hungry-mit-mbas-sleepless-in-seattle/ http://www.expatistan.com/cost-of-living/comparison/san-francisco/seattle? http://www.bls.gov/ro9/cpiseat_energy.pdf http://www.indeed.com/salary?ql=executive+assistant&11-Seattle%2C+WA http://www.bls.gov/ro9/cpisanf_energy.pdf CREATED BY: OBIZMEDIA Rairdon.com hasai KPA THCARSITES odal medie stratey, red PUBLIC TRANSPORT PUBLIC TRANSPORT