Q&A sites are fastest growing segment in Sillicon Valley.Few Q&A sites are growing like anything. For instance,Avvo (legal Q&A site)reports record increase in startup questions and answers from Silicon Valley.It’s startup related pageviews increased 3000% in six months – another sign of soaring entrepreneurship and new business formation in Silicon Valley.
Avvo, the largest legally related Q&A website, which offers a community of rated lawyers answering consumers questions at a 97% response rate, has seen 30 times more pageviews for startup-related terms from Silicon Valley over the past six months.
This includes terms such as “incorporation,” “tech startup,” “online company,” “non-disclosure agreement,” “intellectual property, “non-compete agreement,” “sale of business,” among others.
In addition, during that same time period, pageviews across all of Avvo.com related to “incorporating a company” and “limited liability companies” were up 400% and 600% respectively, among Silicon Valley users.
Several other startup-centric cities also reported tremendous increases including Austin (871%), New York (78%), Seattle (72%) and Houston (33%). However, surprisingly, Groupon’s birthplace, Chicago, posted a sharp decline (-90%) as did Boston (-64%), typically a hotbed of biotech startup activity.
Other areas of the country that saw a decline in Avvo pageviews for startup related terms include San Diego (-86%), Dallas (-36%), Phoenix (-19%) and Los Angeles (-11%).
Here is info-graphic:
“While there are differing industry opinions on a current tech bubble, we are seeing a major spike in activity in the classic startup markets,” said Mark Britton, founder and CEO of Avvo. “The jump in Silicon Valley is staggering. If it’s not a bubble, it is at least the most activity we have seen out of the Valley since our launch in 2007.”