The Top Sectors For U.S. Investment Dollars
The Internet is still the dominant U.S. sector for investment, although funding dropped 26 percent in the last quarter of 2016. Despite that fall, it still saw $4.6 billion of investment in Q4 2016 with notable deals including OpenDoor Labs ($210m), Buzzfeed ($200m) and Stripe ($150m), according to CB Insights and PwC.
Over the past 20 years, American Internet companies have attracted $187 billion in investment, the most of any business sector in the country. Healthcare comes second with $150.4 billion since the mid 90s while mobile and telecommunication rounds off the top three with just over $115 billion. At state level, it comes as little surpriseCalifornia brought in huge levels of investment, fuelled by Silicon Valley’s innovation. Over the past 20 years, California attracted $367.8 billion of investment, far ahead of second placed Massachusetts’ $80 billion.