Archive for January, 2011

Here Are Six Startups Expected To Make Waves This 2011

New York is the undisputed champion when it comes to social media startups and the title will stick around for sometime. NY Tech Meetup executive director Nate Westheimer best captured the current state of affairs when he said: “In basically every other way, New York City is probably a better environment to do a tech-enabled [...]

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Micro-Conversation Site Bnter Gaining Momentum

Bnter seems a fun place to be right now. In fact, the micro-coversation repositary has been getting so much traction around the NY area that it’s become the unofficial hang-out spot for tech scenesters. Funded by a battery of prominent VCs including Chris Dixon, Ron Conway, and Shana Fisher, what makes Bnter interesting is it was founded [...]

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Co-Working Space General Assembly Opens Near Union Square Offices

A 20,000 square foot co-working space a stone’s throw away from Union Square Ventures HQ and other prominent VC firms has officially opened. General Assembly is a rare collaboration between a group of entrepreneurs and the NYCEDC. Among the former are Adam Pritzker, Brad Hargreaves, Matthew Brimer, and Jake Schwartz. What they hope to achieve with [...]

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Rachel Sterne Becomes First NYC Chief Digital Officer

It’s official: New York City now has a Chief Digital Officer. Her name is Rachel Sterne and she’s a veteran entrepreneur. Described as “several years shy of 30,” Sterne is certainly no greenhorn in entrepreneurship and tech. Prior to her ascension to office Ms. Sterne founded the news site Ground Report and ran her own consulting [...]

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DreamIt Ventures Opens New York Office

The tech ecosystem is growing and growing and it’s not just engineers who are rolling into town hungry for action. Be they seed fund programs or co-working spaces, the supporting infrastructure needed by many startups are making their present felt at an astonishing rate. This applies to DreamIt Ventures, whose avowed goal is to provide [...]

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As The Alley Grows, Silicon Beach Gets Hotter

It’s no surprise that Silicon Alley has gotten so much mileage here at NY Tech Blog. Every week features news about how it’s either growing, overheating, or sucking in VC money at an astonishing rate. But there’s competition rising fast in the East Coast and it’s not Boston. A lovely, less frantic stretch of real estate along [...]

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2011 We Media PitchIT Challenge Harnesses Australian Talent

We Media will be more than just breaking new ground this year. Not only have they relocated to New York (perhaps another indicator of the polar shift), but the 2011 PitchIT Challenge invites participants from Down Under. Though Australia has its own vibrant startup scene, the pull of New York has been undeniable. It was [...]

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More Cheers For Silicon Alley

It seems the best at cheering Silicon Alley’s rise are New Yorkers themselves. In a glowing op-ed piece for NY Daily News published yesterday the author sung praises to the burgeoning local social media movement. But a word of caution resonated amidst the cheer: Entrepreneurs must plan for the future if they wish to make [...]

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New York Tech Is Attracting Talent From All Over The World

Sure, everyone is excited about New York tech. Everyone. But the fact remains the Big Apple has little office space to spare and a criminal shortage of engineers despite a much vaunted exodus from the West Coast. Some are undeterred though, which explains why foreign entrepreneurs are moving in and manning up to the challenges [...]

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Union Square Ventures Launches $165 Million Opportunity Fund

Union Square Ventures has just launched a later-stage funding initiative called the Opportunity Fund. The reason behind the launch is two-pronged. First, USV is known to specialize in early stage investing but becomes scarce after companies have developed portfolios. So the Opportunity Fund lets the VC firm take part in the action while their clients grow. Second, [...]

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