AllThingsD » New Mexico

More States Mull Taxing iTunes, Other Digital Downloads

Eric Savitz — Tue, 12 Aug 2008 14:24:07 +0000

State legislators look at Apple’s (AAPL) iTunes and other digital download services stealing away business from offline retailers and you know what they see? A piggybank.

News.com reports today that at least nine states this year have considered enacting “download taxes” on digital goods–and five of those states have adopted them, including Nebraska, Tennessee, Indiana and Utah. Similar laws are already on the books in Alabama, Arizona, Colorado, Hawaii, Idaho, Indiana, Kentucky, Louisiana, Maine, New Jersey, New Mexico, South Dakota, Texas, Utah, and Washington.

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iPwned

John Paczkowski — Wed, 12 Mar 2008 19:00:46 +0000

[ See post to watch video ]

Every Start-Up Is Somebody in New Mexico

John Paczkowski — Wed, 12 Mar 2008 08:01:00 +0000

Finding it difficult to land VC money for your new start-up? Here’s a bit of advice: Move to New Mexico or Pittsburgh, where venture funding is just surging.

According to data released today by PricewaterhouseCoopers, the National Venture Capital Association and Thomson Financial, VC investment in New Mexico is up an astonishing 375% from a decade ago, the number of start-ups up 600 percent. Equally as impressive is Pittsburgh, where VC investment is up 513 percent and the number of start-ups is up 267 percent.

Whoa.

As Mark Heesen, president of the NVCA, notes, New Mexico and Pittsburgh are clearly becoming hotbeds of innovation. “For regions that don’t have a large, indigenous venture investor base, it is important to give outside VCs a reason to visit,” he said in a statement. “These unexpected regions are making venture capitalists stand up and take notice.”

They sure are. New Mexico had three start-ups a decade ago. Now it has 21. 21! With new companies springing up willy-nilly like that, how’s a VC not to stand up and take notice?