Memphis Named Top Ten Place for Startup Companies

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Silicon Valley is a sort of Mecca for startups.

Facebook, Google, Apple: It’s enough to make a budding techie salivate.

But Silicon Valley should watch out for “Bluff Valley:” Memphis was named one of the top ten places for startups by a recent NerdWallet study.

“We have one team from Silicon Valley, we have two teams from New York,” said e-publisher Screwpulp CEO Richard Billings, “One of the great things about Memphis is it doesn’t cost as much to start up. Just the cost of living, the cost of office space, the taxes, everything is 4.8-percent lower than the national average.”

Screwpulp was just a pitch in 2012 at a Start Co. event, 48 Hour Launch; two years later, it has a staff of five and growing, office space downtown, and a growing user base.

View the full article at My Fox Memphis