caraeisenpress
Joined 8 years ago
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Comment · 8 years ago
Great point. One quote that didn't make it in was that NYC doesn't have an "infrastructure of crazy," i.e., there aren't mentors/peers here who might tell a founder not to take a risk, not to take that offer from Google for $30 billion...
Comment · 8 years ago
There are many metrics you could use, as you and a couple other commenters have suggested, including the diverse verticals in NYC. In the end we made the claim based on deal volume + total amount, using that as a proxy for company formation and growth, both now and into the future. New York is WAY behind Bay Area but ahead of New England and the Northwest. (The CB Insights/Money Tree data goes by regions.) Here's the report: https://www.cbinsights.com/reports/CB-Insights_MoneyTree-Q4-...