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New York Startup Movement
- mikekarnj 17y ago“Greenwich Village 60s … Venice Beach 70s … London 80s … Silicon Valley 90s … Blogosphere 00s … NYC now…”
- falsestprophet 17y ago“Once every hundred years media changes. the last hundred years have been defined by the mass media. The way to advertise was to get into the mass media and push out your content. That was the last hundred years. In the next hundred years information won’t be just pushed out to people, it will be shared among the millions of connections people have. Advertising will change. You will need to get into these connections." - Mark Zuckerberg, 6/07 These guys need to tone down the mellowdrama. I'm sure their 10th grade English teachers loved the parallel structure. But now that they are grown up, they ought to add sound reasoning as well.
- Tawheed 17y agoI wonder how much of this has to do with the financial collapse. There is no denying that the financial firms sucked up a ton of great talent during their boom years. Are those people (and the potentials) now turning to startups now that the finance firms are taking a breather with their high-salary and mind-numbing jobs?
- mikekarnj 17y agoI think the financial collapse has a role in what's happening in New York City. You're seeing a huge shift from people "thinking" about starting something to "doing" it. When you see most of your friends getting laid off from jobs, you realize nothing is guaranteed, so you might as well swing for the fences. This has a ripple effect through the community.
- smugasshole 17y agoWhat a circle jerk.
- wglb 17y agoBut does NYC have the startup culture like the valley? Isn't more startup-like tech in Boston than NYC?
- Tawheed 17y agoWhat is startup culture? Free sodas? Working 90-hour weeks and thinking you're awesome? I guess I never really understood what people refer to as startup culture and more importantly how it relates to geography, and I really want to know.
- charlesju 17y ago1. # of startups 2. # of startup conferences 3. # of VCs I think Silicon Valley leads in all 3 of those categories?
- spencerfry 17y agoWhat about quality over quantity?
- gnosis 17y agoHow do you measure that?
- whatusername 17y agoprofit. (Obviously that's rather hard to measure as an outsider of privately held companies, but profit is surely the yardstick)
- Tawheed 17y ago#3 seems to assume that the end-goal of every startup is to get funded by a VC, and that just doesn't jive with me. #2 I'm not sure if San Fran even hosts that many startup conferences. More importantly, the whole model for conferences is broken. Which sane startup can consciously blow $1000+/person on a conference? I think over time, with the advent of conferences publishing the keynotes online anyway, and with more and more meetup groups, conferences will be a non-factor. #1 - I think its cool to be in a place where there are a lot of startups -- but if you really step back and take a look, I wonder how much collaboration (in real life) is actually happening even in NorCal. This is something we need to improve, and is certainly not something that is jiving even in Silicon Valley. I'd dare say that HN is having more real collaboration than San Fran iteself.
- rafefurst 17y agoNYC is the most innovative place on the planet right now if you measure by new value being created from scratch.
- nir 17y agoWhat are you basing this on?
- aditya 17y agoOn how well the new hedge funds are doing, of course: http://online.wsj.com/article/SB126135805328299533.html?mod=WSJ_hps_LEFTWhatsNews http://online.wsj.com/article/SB126135805328299533.html?mod=... IMHO Finance is far from dead in NYC and the recent startup activity is mostly smoke from a small fire.
- mikekarnj 17y agoJust to clarify, I did NOT write this post as a "East Coast versus West Coast" thought-piece. I wanted to give a 50,000 feet view from what is happening in New York City to document the momentum of the ecosystem that's being created as we speak. I'm a huge supporter of entrepreneurship in every city, and this is a model that should be shared and replicated in every community. If we take what works in NYC, Boston, SF, Seattle, New Orleans, etc -- we just might be able to get somewhere.