ALLEY VS VALLEY:
NEW YORK TRIES TO ATTRACT TECH INNOVATORS
Not so long ago entrepreneurs with great ideas for tech startups had only one option if they really wanted their venture to take off: head to Silicon Valley. It was where all the venture capitalists, angel investors and engineering talent were located. Recently, though, options have opened up a little.
New York City, with all its cachet and global influence, is looking to become an option for the current explosion of tech startups. With major tech giants such as Google, Facebook, Twitter, Zynga and even eBay opening offices in New York, the Manhattan tech scene is definitely on the rise. Mayor Michael Bloomberg said in a speech back in July, “Our ultimate goal is reclaiming our title as the world capital of technological innovation.”


