It's also a question of if you are looking in the right places. NY startups tend to be less pure technology plays that need lots of VC money, and tend to be ti

It's also a question of if you are looking in the right places. NY startups tend to be less pure technology plays that need lots of VC money, and tend to be tied to information intensive industries like advertising and finance. Fintech startups frequently are cash flow positive by the time they hit 20 employees. These aren't game breakers that will get multi-billion dollar valuations, but they build from strength and don't need to become monsters. The biggest hold-up is actually the cost of living in NYC. It's worse than the Bay Area, and there is less pride in being a starving entrepreneur.