For Tech Start-Ups, New York Has Increasing Allure

June 6th, 2012 § 0 comments

English: I took photo of CNN building in New Y...
English: I took photo of CNN building in New Y...

English: I took photo of CNN building in New York City with Canon camera. (Photo credit: Wikipedia)

this article is the most accurate description of New York as a tech hub:

For Tech Start-Ups, New York Has Increasing Allure

Enlarge This Image Chester Higgins Jr./The New York Times Doug Imbruce, the founder of Qwiki, an interactive video start-up, recently decided to move his company back to New York. Chester Higgins Jr./The New York Times Employees of Qwiki, located on Spring Street in SoHo.

via: www.nytimes.com

in a nutshell, the takeaways are:

  • partners: “Many new start-ups benefit from proximity to the media, advertising and fashion industries, New York’s strengths.”
  • financing: “The number of venture capital deals in the city has risen 32 percent since 2007, while the figures for other areas, including the Valley, have dropped.”
  • it’s the greatest city on the planet: “he did not have to rely on hiring New York-based engineers. Instead, he found them elsewhere and convinced them to move.”
  • it’s a hipsterville: “Those at start-ups in New York repeatedly mention the intimacy of the relatively small but tight-knit industry here — in fact, they may be the only people who say they moved to New York because they liked its small-town vibe.”
  • keeps you humble: “In New York, no one’s ever heard of Quora,” “In New York, it keeps you humble that you walk out and there’s the CNN building.”
  • it’s rational: “I don’t like New York,” he said. “I just think it’s the best place for my business.”

… excuse all the quotes this time, they are by various people from the same article.

 

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