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Comment by whack

All the criteria you chose seem like bad proxies for the things that really matter. I would count the following as the fundamental metrics that really count.

- Average (high-end) programmer salary

- Amount of VC funding

- Total number of full-time tech workers

The 1st and 2nd criteria determine how attractive the city is, for employees and founders respectively.

The 3rd criteria determines how much clustering/network effects the city enjoys.

On all 3 criteria, NYC is either 1st or 2nd. NYC hedge funds have bid up programmer salaries to levels that are virtually impossible to get anywhere else besides SFBA. The data on VC-funding shows NYC as a solid #2, only behind SFBA. And the linked article shows that in terms of networking potential, NYC is #2 as well.

https://www.citylab.com/life/2017/10/venture-capital-concent...

parent whack 8 years ago

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