Archive for January, 2011

New York Surpasses Boston In VC Deals

The Big Apple tech scene may have some way to go surpassing Silicon Valley, but a new report indicates it has eclipsed its closest rival–Massachusetts. Of course, by eclipse is meant in terms of VC deals made in the last five quarters. The data courtesy of CB Insight can be viewed here. Though the numbers [...]

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Cheering For Silicon Alley Instead Of The Valley

Thanks to a constant stream of positive news, including the almost gospel reverence accorded the Pricewaterhousecoopers-NVA report from last year that put venture funding at a historic high, New Yorkers are anticipating the oncoming polar shift from the Valley to the Alley. Such is the tone and substance of Tristan Louis’ glowing piece (click the [...]

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NY Tech Startups Would Rather Stay Private

In the wake of Facebook‘s recent multi-billion dollar valuation by Goldman Sachs and its accompanying $450 million investment, IPO’s have suddenly become passe. Long gone are the days where companies saw IPO’s as a rite of passage that earned them respectability in the public eye. Even entrepreneur’s of today’s emerging tech startups across the Big [...]

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VillageVines Scores $3 Million In Latest Funding Round

The people over at restaurant discount providers VillageVines must be giddy right now thanks to a generous injection of funding led by Hearst Interactive Media.VillageVines specializes in letting its users avail of discounts when they eat at great restaurants across several cities, including New York, Washington D.C., and L.A. Also involved in the latest round were GrandBanks Capital [...]

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Mobile Apps Startups Set To Explode This Year

Foursquare isn’t the only mobile app that’s getting a lot of mileage these days. Thanks to the smartphone boom, several trailblazing startups are set to carve an exciting niche for themselves by allowing users to access exclusive content with their handhelds. Stickybits, Scanbuy, and Xtify are among those set to make a killing this year [...]

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Fred Wilson Calls For More Engineers, More Infrastructure

Talent and bandwidth are two things the Big Apple needs ASAP if it wants to revitalize its economy, so says VC sage Fred Wilson in a recent blog post. According to him New York’s twin pillars of tech—digital media/software and the biotech/energy field—are languishing from a shortage of personnel and infrastructure. He points out that [...]

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Test-Prep Service Knewton Partners With Arizona State

Getting slaughtered in Math? Knewton is here to save the day. The remedial courses and exam prep startup recently outgrew its New York stomping ground and has expanded into faraway Arizona State, where it will offer full fledged math programs to students who can’t make the grade. Students become acquainted with Knewton if they score low [...]

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Entrepreneurs Critical of NYCEDC Initiatives

Fallout from a networking event organized by the New York Economic Development Corporation (NYCEDC) last month has been unpleasant, to say the least. Since the general public is hardly aware of the NYCEDC’s activities, let alone its mission, the initiative seemed more distant and out of touch with the very people it’s supposed to be helping. [...]

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Yext Organizes Counterattack Against Google AdWords Offensive

Ever since Google launched its SME and startup oriented $100 million in AdWords credit program days before New Year’s Eve, listings businesses have been contemplating existential questions like “Do we face extinction?” This week Yext has stepped in to rally the troops and directly challenge Google with its very own tags. Though Google has a similar [...]

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Big Apple Scramble For Programmers Is White Hot

So maybe all that nonsense about a bubble in the New York tech scene was just a natural reaction to its rapid growth because bubble or not, the startup renaissance shows no signs of waning. Especially now that 2011 has begun and everyone’s shaking off the holiday hangover, entrepreneurs big and small are chomping at [...]

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