Although cities like Chicago, Austin, and North Carolina's Research Triangle have produced a number of Web-based businesses in recent years, the New York's startup scene is growing exponentially. The amount of capital and seed funding continues to rise as well as the success of local companies like foursquare, Gilt Groupe, and Tumblr.

There's no shortage of debates in the blogosphere as to whether one coast has the advantage over the other. Regardless of what side you're on, many would agree that there's no better time to be an entrepreneur. The MBA students at UNC prepared this interesting and interactive infographic that looks at some of the more important ventures to come from either coast, and offer some commentary from the leading venture capitalists.

Via MBA@UNC: Online MBA