Thursday April 19, 2018

2013 Will Be Big for NY Startups

Techstars in NYC

Techstars in NYC (Photo credit: pescatello)

Some observers are predicting a bubble burst for the NY Tech scene in 2013. But Forbes disagrees. Comparisons between NY and Silicon Valley aren’t valid—NY is “fresh ecosystem” that teams investment professionals with tech entrepreneurs. A report from CB Insights shows that more companies are investing in startups at the seed stage—and there’s evidence that this trend will continue in 2013. Accelerators, seed funds and co-working shops will continue to open in the city. NY is also becoming a point of entry for international investors and entrepreneurs.