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May 10th, 2012

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collaborativefund:

Of the seven leading technology regions in the US, New York was the only one to see an increase in VC deals between 2007 and 2011
(via)

Of the seven leading technology regions in the US, New York was the only one to see an increase in VC deals between 2007 and 2011

(via)

Reblogged from Collaborative Fund

February 28th, 2012

I’ve been involved with NYC BigApps since its creation three years ago. It’s a great program. NYC opens up some of its data sources to developers who use the data to build new mobile and web apps. The judges vote on them (I’m one of the judges) and there are prizes awareded which total $50,000. A number of startups have come out of this program and I’ve met quite a few great developers through this effort.

Fred Wilson, venture capitalist, discusses NYC BigApps 3.0 on his blog. Check out the record number of submissions and vote for your favorite NYC BigApps now. (via nycedc)

Reblogged from NYCEDC

February 14th, 2012

But when comparing 2011 numbers to 2010 numbers, VC investments in New York are rising 64.3% in terms of dollars and 10.2% in terms of deals, while investment in California is only rising 24.4% in terms of dollars and 5% in terms of deals.

VentureBeat

(Source: venturebeat.com)

February 7th, 2012

Football is not the only competition in which New York is thumping Boston. For the seventh straight quarter, venture capitalists invested more money and closed more deals with Gotham-based Internet startups than ones in Beantown, according to CB Insights. New York Internet tech companies closed $434 million worth of funding in 60 deals in the fourth quarter of 2011, compared with Boston’s $303 million in 40 deals

Crain’s New York Business

(Source: crainsnewyork.com)

January 27th, 2012

VC activity in the New York metro area peaked in the third quarter [of 2011], with 100 companies receiving a total of $909.2 million.

Emily Laermer, “NY area firms land most VC money since recession,” Crain’s New York Business (via nycedc)

Reblogged from NYCEDC

December 14th, 2011

Everybody knows it. Tom Brady knows it (when he was racking up Lombardi Trophies in Boston, he was getting his mail here). Mark Zuckerberg may have said he’d rather start Facebook in Boston, but the reality of it is, he launched offices in New York City. Clemens, The Babe, and Boggs: they all know, too.

New York is where it’s at. New York’s VC scene is showing all the signs of outpacing Boston’s, and at a bad time for Beantown, too.

-Jonathan Marino, “Is NYC the East Coast’s New VC Capital?”

(Source: pehub.com)

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