Copy of Micro-VC/seed fund spreadsheet

	A	B	C	D	E	F
1	Early Stage Fund Count vs. Exit Value Comparison by Market
2	Matching FRB data (Tab 2) to FC data (Tab 3)
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4	Location	# of Funds	% of Funds	Total Exit Value $	% Exit Value	Funds % v. Exit %
5	Bay Area	257	41.2%	$910,449,893,721	75.4%	0.55
6	SoCal	69	11.1%	$59,074,711,184	4.9%	2.26
7	NY	96	15.4%	$54,064,211,533	4.5%	3.44
8	MA	33	5.3%	$59,296,471,740	4.9%	1.08
9	IL	22	3.5%	$14,217,497,422	1.2%	3.00
10	TX	11	1.8%	$17,764,000,000	1.5%	1.20
11	CO	9	1.4%	$21,189,000,000	1.8%	0.82
12	WA	8	1.3%	$51,486,623,122	4.3%	0.30
13	FL	8	1.3%	Not listed	NA	NA
14	DC	7	1.1%	Not listed	NA	NA
15	GA	7	1.1%	Not listed	NA	NA
16	CT	6	1.0%	Not listed	NA	NA
17	UT	6	1.0%	$20,314,732,568	1.7%	0.57
18	TOTAL	624		$1,207,857,141,290
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20	GREEN	cells are markets that are underfunded relative to historical performance
21	RED	cells are markets that are overfunded relative to historical performance
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23			www.FoundersCoop.com
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