Posts tagged NEW YORK
Venture Capital in New York, Q1 2013
By Andrea Moore, Project Manager, Economic Research & Analysis
Last week, the National Venture Capital Association (NVCA) and PricewaterhouseCoopers released their most recent quarterly MoneyTree report, which provides information on U.S. venture capital deals and investment dollars. StatsBee wanted to take a quick look and assess how New York State did during the first quarter of 2013.
New York posted another solid quarter of venture capital investment, especially from a year-over-year perspective. Deals are up 22.5% since Q1 2012, and investment dollars posted a 71.7% increase over the weak Q1 2012. Compared to the last quarter of 2012, which was very strong, both deals and dollars fell slightly in New York. Deals fell 9.4% from 96 to 87, corresponding to a 17.3% decrease in investment dollars. However, the first quarter has been soft in recent years, so these results augur well for 2013.
For ongoing and in-depth analysis of venture capital investments and the tech sector in New York City, don’t miss the inaugural edition of NYCEDC’s new publication on Technology and Venture Funding, coming soon.
Internet Week New York 2013, A Festival That Celebrates Internet Business & Culture in New York City
We’re looking forward to this year’s Internet Week, a festival that celebrates Internet business and digital culture. The focus this year is on “how technology has disrupted and revolutionized every section of business from food to fashion to healthcare to education.” (Via Internet Week NY)
Though many commentators insist it is not a realistic goal, business information company Bloomberg LP is reportedly considering the possibility of acquiring a major Web property like LinkedIn. Read More
(via Bloomberg Mulls LinkedIn Purchase | Small Business Trends - Image source)
New York City is catching up to the Bay Area with its burgeoning population of hot companies. Read More
After Hurricane Sandy swept through New York, the hundreds of thousands of people who lost power in downtown Manhattan were eager to get their phones charged in order to communicate with loved ones. And the people at Bright Box realized just how desperate New Yorkers were when they set up a charging unit the day after Sandy and it was full within five minutes of being accessible to the public. For the hurricane’s aftermath, the company is offering free services outside Stumptown Coffee on 29th street and Broadway in Manhattan. Read More
(via How Sandy Helped One Startup Raise Its Profile - OPEN Forum :: American Express OPEN Forum)
Entrepreneurship: Risks You Need to Consider
Being an entrepreneur is less about fitting into the Silicon Valley mold than it is about having courage, perseverance and ambition. Read More
(via Entrepreneurship: Risks You Need to Consider (Infographic) | Entrepreneur.com)
The MTA’s new initiative to sell branded cards on behalf of retail advertisers might pave the way for a business in mining its mounds of ridership data. Read More
Image by Mr. T in DC
(via NYC’s New Branded MetroCards Let You Score Discounts At Gap, Domino’s, And More | Fast Company)
The best in the U.S. for entrepreneurship: Where does your state rank?
1. Massachusetts
2. North Dakota
3. California
4. New York
5. Minnesota
…
How did you do?
9 Cities You Wouldn't Think Are Hubs for Tech Startups
From Silicon Valley in California to Silicon Alley in New York:
1. Hoboken, NJ
2. Kansas City, MO
3. Las Vegas, NV
4. Portland, OR
5. Boulder, CO
6. Northwest Arkansas
7. Long Island City, NY
8. Omaha, NE
9. Stamford, CT
(via 9 Cities You Wouldn’t Think Are Hubs for Tech Startups | Entrepreneur.com)
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