FastCompany displays its ignorance of the tech field this morning in a series of articles entitled “Why you should start a company in [this city].” The cities they cover are Austin, New York, Los Angeles, Chicago, Boston and St. Louis. I read the Austin post, and got to the end of St. Louis and decided I’m not coming back to Fast Company for another few months .
This is the part of the post that sealed the deal for me:
Is St. Louis a billion-dollar exit playing field?
I would say that St. Louis has had its handful of decent exits but you’re not seeing billion dollar exits. I don’t know who is seeing billion dollar exits today [emphasis added]. There’s a number of people in the medical and medical device areas that have made exits. Probably the only billions are the Express Scripts of the world and maybe a few others. But I don’t think there’s a lot of billion dollar exits out of St. Louis.
@#$!@JLfda LKJ@#23. Really?
This post was published yesterday. There has been a multi-billon dollar exit in the tech sector every couple of weeks for several months now! It’s not an exhaustive list, but a good place to start is to search for “billion sold” on SiliconANGLE. We’ve been covering exits (such as 3Par to HP and Isilon to EMC) like a blanket.
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