alley vs. valley
Habib Kairouz, a New Yorker and managing partner at Rho Ventures, talked about the rise of Silicon Alley during an interview with TechCrunch last week.
“New York has gone through an incredible transformation in the last ten years,” he told TechCrunch’s Sarah Lacy. “There’s an incredibly vibrant community of startups, of entrepreneurs, of Read More
New York has more high tech jobs than any other American city, according to BusinessWeek.
The 316,971 people employed in the high tech industry in the New York City metro area bring in an average wage of $98,541. Washington came in second place, with 292,969 jobs, and San Jose/Silicon Valley came in third Read More
There’s plenty of tech talent in Israel, but it’s not staying in the promised land.
Entrepreneurs at Israeli tech startups still depend heavily on the U.S., as “one of the pioneers of the venture industry” told the Wall Street Journal. Israeli entrepreneurs find that they have to come to New York to get Read More
MG Siegler has a post up at TechCrunch giving the big “so what” to doomsayers who have been fretting about a tech bubble:
In other words, if this “bubble” were to pop, it wouldn’t be the mothers and fathers of the world hoping to put their children through school who would be getting Read More
Real estate agents are chomping at the bit to start selling office space under the moniker of Silicon Beach, a section of Dumbo now home to 65 digital companies in a five-block radius.
Fortune profiled this locale, which boasts affordable office space just one subway stop from Manhattan. Dumbo’s big dog is probably Read More
Fortune is bullish on New York’s lightweight tech scene:
Why New York, and why now? For many of today’s Internet companies, the competitive advantage lies in the innovative nature of their products, not necessarily their technological prowess. Thanks to Internet-based services such as EC2 from Amazon (AMZN), startups can essentially rent the supercomputing Read More
So many Silicon Alley startups who crushed it in 2010, it’s tough to pick just ten. In fact, some observers, like prominent local VC Fred Wilson, fear that the amount of money flowing into tech startups is becoming a bubble.
But for now, let’s toast to the winners. A more reasonable take can surely wait Read More
Alley Vs Valley
Apparently How About We, the hot dating site that just raised $3.1 million, isn’t getting its needs met in NYC, because it’s planning to launch in its second city next week: Boston.
HAW is a free dating site where members post creative first date ideas. For example, ideas submitted for the Boston Read More
Foursquare is opening an office in San Francisco. On the one hand, this is great news, because it means the NY-based startup is expanding fast.
On the other hand, it’s kind of a downer, because as Foursquare made explicit in a blog post, New York’s tech scene just couldn’t provide the talent they Read More
When the good folks at Dunder Miflin start pitching web startups, you know the world’s got a tech bubble on the brain.
“The first lesson of Silicon Valley actually,” says Ryan, “Is that you only think about the user, the experience, you actually don’t think about the money, ever.”
There is an amazing Read More