3 ms·
Most of the startups based here are very much fluffy and will vaporize when the VC/angel bubble pops. They are either "lifestyle" businesses (read: small busine
by cylinder 12y ago
Most of the startups based here are very much fluffy and will vaporize when the VC/angel bubble pops. They are either "lifestyle" businesses (read: small businesses. make some money but should never have taken VC, because they will never have a real exit) or just e-commerce masquerading as "tech."
- kanwisher 12y agoMost of the startups in NYC are going to do much better, they are profitable AdTech, Fintech, Fashion startups. Or the occasional ecommerce play. I would say in general less Facebooks, here but more profitable companies