NYC isn't likely to be the next Silicon Valley if we're talking about where the next Apple, Intel or HP will spring up. There is too much of a premium on space

NYC isn't likely to be the next Silicon Valley if we're talking about where the next Apple, Intel or HP will spring up. There is too much of a premium on space and too little hardware expertise. But the hot Valley companies these days are in software or services. There is no reason why a cluster of nerds in NYC can't create enough momentum to build a rival culture.