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A look into NYC’s startup scene

Looking back, it wasn’t very long ago that the media was comparing NYC’s tech scene to that of Silicon Valley’s. For some reason, however, the hype then abated. On a recent trip to NYC, I wanted to better understand what was happening in the ecosystem. Had a tech scene that’s witnessed boom and bust once more lost its stride?

A few days of observing things up close and speaking with entrepreneurs and I had better found the answer. New York’s tech has not been diminished but rather had been matured, having begun a new chapter of more stable growth. In fact, today New York boasts over 6,300 startups. The first takeaway from my visit, then, was that NYC, for an entrepreneur, is still the place to be. But I was also reminded of how the seemingly limitless opportunity of the city, the places and people you’ll feel you have to know, can also be ironically deterring.

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