Maybe, but it is worth pointing out that some VC firms are fighting the good fight to transform New York into a rival of Silicon Valley. I'd especially praise P

Maybe, but it is worth pointing out that some VC firms are fighting the good fight to transform New York into a rival of Silicon Valley. I'd especially praise Primary Ventures for their efforts: "Long Live Silicon Alley: The Inaugural NYC Summit" http://www.primary.vc/blog/summit-17 http://www.primary.vc/blog/summit-17 I was at one of their gatherings not long ago and they pointed out that New York is the world capitol for domain-specific knowledge in at least a dozen industries: publishing, law, medicine, fashion, art, education, finance, and more. There is a potential there for a kind of success that will be different than Silicon Valley's, but not necessarily inferior to Silicon Valley.