Quantcast

Tuesday June 18, 2013

The Draw of NY’s Silicon Alley

English: NYC Panorama6

Image via Wikipedia

Silicon Alley of late has garnered a plethora of attention, for its creative juices, flow of techie brains, and naturally, highly coveted locations.

“My friends in New York City—one would be in marketing, my good friend was a producer at MTV, other friends are lawyers. Whereas in the Valley you go to the party and everyone is in tech,” Sam Rosen, a member of Mountain View accelerator 500 Startups, told Betabeat in January.

It is seemingly incontestable that NY’s startup support network is rapidly expanding. Many more tech companies have emerged, coupled with  more investors searching for tech companies and startups—FoursquareEtsyKickstarterTumblr, and an increasing number of developers teaching themselves the coding skills that power much of the consumer internet, according to BetaBeat. NY evokes a sense of camaraderie and enthusiasm that is the product from being a relatively unproven startup hub still forging an identity, BetaBeat avows.

“It’s not like I’m tired of talking about my company, but it’s all we talk about.” Josh Weinstein, founder of the Facebook competitor CollegeOnly said after venturing out to Silicon Valley to work with a co-founder and be closer to investor Peter Thiel. He returned to NY not too long after because he felt “isolated” in the Valley, according to BetaBeat. 

BetaBeat