CNN has released the 50 best metro areas for startups. Topping the list is Oklahoma City because it is stable and affordable. Oklahoma City is apparently a haven for entrepreneurial risk takers and also benefits from a high concentration of deep-pocketed local investors, many of them veterans of the oil and gas industry, who are willing to take a gamble on companies that might spend 10 years bringing a new product to fruition. The city is also a friend to life-science startups, one such company is InterGenetics founded by Craig Shimasaki who left San Francisco for Oklahoma City 20 years ago. He says, “I had the cowboys-and-Indians stereotype in the back of my mind. Then when I got here, I was very pleasantly surprised. And I realized that they had the same impressions of someone from San Francisco: They thought I had a surfboard in my garage. More»
Channels: cnn, Startup Idol, venture capital

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