Saturday, 29 June 2013

New York City's Startup Scene Is Rapidly Becoming The Hub For Innovation And Investment

office, working, work, tumblr, january 2012, bi, dng
">Daniel Goodman / Business Insider
Inside the offices of Tumblr
Foursquare, Mashable, and 10gen.
What do a major social network, happening news website, and a rising database company have in common?  They are all ‘Made in New York.’
Just a couple of days ago, Techcrunch announced that famous incubator AngelPad was opening up a large office in New York City.  The incubator, which was previously fully based in Silicon Valley and has raised $100 million for its startups, now views New York as its new hub for East Coast investments.
That news highlights a major new trend developing since 2007 but accelerating rapidly in the past year: the Big Apple’s rise as the new hub for startup creation and investment.

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