We are dealing with a basic fear to risk, that our society must mitigate to encourage the transition from open source and academia to the US economy. Why this happens in California? Maybe there is more sunny here. People are little bit more crazy. In California, if one entered this state, she discovered we have a grain of genius and a grain of autism, at the same time and we are normal in a this "tierra" - while we were considered abnormal in the other places we happened to be born.
A picture is worth 1,000 words
Leaders are CA (by far), NY and MA. WI is a tiny dot and IL slightly better, no where near the leaders. There are many good engineers with good ideas everywhere. This is one of the reason why they should move out.
The 2013 biggest acquirers, surprise, Yahoo is the leader
Here are the latest stats for Q3 2013 with nearly four billion dollars in exit transactions
Look at tweetdeck . They raised $40 million with 5 employees
If you are dreamers, like me, start meditating.