“I felt like in finance, the playbook was already written, and it was my job to execute,” said Vinicius Vacanti, co-founder and chief executive officer of Yipit, a startup that delivers personalized daily deals aggregated from other services. “Someone had done it before I did, and someone was going to do it after. In a startup, there’s no playbook. You’re making it up as you go along.”
It was Wednesday night at General Assembly, and 30 bankers, mostly young, mostly male, mostly dressed in shirts and slacks and keeping one eye trained on their mobile devices, had turned out to listen to founders from New York’s startup scene talk about their transitions from Wall Street to Silicon Alley. It was a hot ticket.
Call it a function of lower pay at financial firms amid lower profits and increased regulation, call it the Facebook Effect, in which the best-and-the-brightest dream of becoming the next Zuckerberg or Pincus—or changing in cultural attitudes, though we’ve yet to meet a young banker who said that the Occupy movement influenced them personally. Call it what you want, but if the 70 names on the waiting list for last night’s event is any indication, the startup world is increasingly appealing the to smart, ambitious 20-somethings who chart a path that starts at investment banking.
Occupy Wall Street
(Though not intended to be all-inclusive, this page will be updated as events occur. Have a suggestion? Leave it in the comments!)
Key Organizers and Affiliated Groups
NYPD and the City’s Reaction
Media Coverage: Must Reads
Update, Day 64: Newt Gingrich continues to call Occupiers names. A 24-hour drum circle begins outside Mayor Bloomberg’s mansion, while in Oakland, police manage to clear Occupiers out of their camps “without incident.”
Update, Day 63: The second marriage in Zuccotti Park…and it’s a gay wedding! A video of police using spray on University of California’s demonstrators enrages protesters around the nation.
Occupy Wall Street
Despite claims that the General Assembly’s process of horizontal-democracy ensures that nothing will ever get approved as an “official” Occupy Wall Street message, the group was somehow able to come to a consensus regarding a new “Statement of Autonomy” this weekend and post their declaration in Pastebin.
Read the full statement below, or for the TL;DR crowd: “We aren’t affiliated with anyone or anything (including ourselves)…except for General Assembly.”
Most people heave a sigh of resignation when the calendar turns from August to September. But Manhattan residents have a special reason to dread the approach of summer’s end. As routines return to normal, as the pace of commerce resumes its hectic pace, as deadlines loom once again, the world descends upon Manhattan for the annual opening of the United Nations General Assembly.
The result: Extreme chaos, frustrating delays, jagged nerves and wasted time. Portions of midtown and downtown are turned into armed camps to accommodate the schedules of the world’s leaders, a fair portion of whom attend the session just for the sheer fun of insulting the U.S., Israel and the West.
This is the burden of being the capital of the world. For the most part, Manhattanites understand that sharing their island with the globe’s leaders requires patience, sacrifice and a certain degree of resignation.
Occupy Wall Street
Last night, The New York Observer joined hundreds as they marched, rallied, ate, and protested (generally) during the tenth straight day of Occupy Wall Street. Michael Moore was there. Depending on who you talked to, this event was set up by Adbusters, a group called General Assembly, or Anonymous. There was a press center, although not a lot of information being distributed. There was, at one point, free pizza.
SeatGeek, which helps users find the best deals on tickets being sold on the secondary market, is on a roll. Today the company announced a new investment from courtside celebs, Ashton Kutcher and Guy Oseary’s A Grade Investments.
SeatGeek is based out of General Assembly, the new startup space in Flatiron Read More
New York City engineers Charlie Robbins (Nodejitsu) and Elena Silenok (Clothia) are hosting a class tonight at General Assembly, the first in a course of eight on the history of the internet.
“Admit it, you use the internet every day and most likely don’t know its history or how it really Read More
General Assembly’s spacious lounge was completely packed with people, pretzels and swag Sunday afternoon as developers and groupies crowded around a projector to watch demonstrations of the 72 music apps produced during the weekend’s Music Hack Day hackathon. “What if a bomb went off at General Assembly right now?” one VC wondered aloud Read More
I wrote several months ago that everyone should get funded, and the growth of philanthropy-driven angel funding will fuel it. A few things I’ve seen over the past week have taken my thinking to the next level.
It has become extraordinarily difficult to change culture through pure art. New forms of art are Read More
Memo to the unemployed: One of New York’s most anticipated startups is looking for an intern.
Art.sy, which is officed in the trendy new coworking space at General Assembly, is offering a three month unpaid internship with the possibility of full-time employment.
“I am looking for an EXTREMELY intelligent, hungry, organized, and Read More