Posts tagged NYC
With this news, you’d think Bobby Valentine is now managing New England’s tech scene:
New York’s share of venture capital dollars has doubled over the last ten years while its rival, Silicon Valley, has grown at a much slower pace and New England has sputtered, a new study from the Center for an Urban Future shows.
Between the first quarter of 2003 to the first quarter of this year, the New York area’s share of VC investments surged to 11.4% from 5.3%.
Silicon Valley’s share rose to 31.7% from 28.6% over the same period while New England’s share fell to 10.2% from 14.8%.
Read more in NY Daily News. Go #NYCTech!
Chart: Center for an Urban Future report
Great news for NYC tech entrepreneurs! NYC is the clear leader for where tech start ups need to be on the East Coast to get VC funding.
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)
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)
Who are the leaders of NYC’s startup scene? The ladies of Birchbox, the brains behind Warby Parker, and Bre Pettis (pictured) of Makerbot—just to name a few.
(via 25 Up-And-Coming Startup CEOs In New York - Business Insider )
“Believe in side projects. Tattly was a side project; swissmiss was a side project; CreativeMornings was a side project; TeuxDeux was a side project. These are all things that turned into revenue streams for me and made it possible to not have clients. I would never hire anyone who doesn’t have side projects. To me, that shows that someone has ideas, self-initiative, and can make things happen.”
Tina Roth Eisenberg on the innovative environment that is NYC, the importance of taking risks and pursuing your dreams (and side projects) and how she manages the many facets of her life.
On stage at last month’s Le Web conference Shervin Pishevar, a Managing Director at Menlo Ventures, stated “The World is a Startup.” It’s an interesting perspective, and I think what’s true for the world is also true for countries, states and municipalities. With developments like last month’s announcement that Cornell was selected to build a new tech campus in New York City, it seems to follow that if “a city is a startup,” then the best mayors are the ones who are looking at their cities in much the same way as entrepreneurs look at the companies they have founded.
(via A City Is A Startup: The Rise Of The Mayor-Entrepreneur | TechCrunch)
I think New York’s biggest secret weapon that no-one talks about is the strength and closeness of its entrepreneurial community.
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