Seven Reasons Tech Start-Ups Are Setting Up Shop in New York
1–10 of 24 posts
Re: Seven Reasons Tech Start-Ups Are Setting Up Shop in New York
#2One comment...Wall Street doesn't have a choke-hold on technical talent. For instance, most (I'm confident to say above 90%) people recruited by banking programs cannot write a single line of code. Excel macros don't count.
Re: Seven Reasons Tech Start-Ups Are Setting Up Shop in New York
#3One comment...Wall Street doesn't have a choke-hold on technical talent. For instance, most (I'm confident to say above 90%) people recruited by banking programs cannot write a single line of code. Excel macros don't count.
Yeah, i think he misunderstood my point just slightly, which is really that there's not enough serious dev talent that in NYC that actually wants to go into startups. Wall Street is not the only cause, but is a major factor.
Ironically, I intro'd that reporter to 60% of the people in the story he quoted, including Carter Cleveland and Cody Brown.
Re: Seven Reasons Tech Start-Ups Are Setting Up Shop in New York
#4One comment...Wall Street doesn't have a choke-hold on technical talent. For instance, most (I'm confident to say above 90%) people recruited by banking programs cannot write a single line of code. Excel macros don't count.
Yeah, i think he misunderstood my point just slightly, which is really that there's not enough serious dev talent that in NYC that actually wants to go into startups. Wall Street is not the only cause, but is a major factor. Ironically, I intro'd that reporter to 60% of the people in the story he quoted, including Carter Cleveland and Cody Brown.
Whenever people ask me who does our PR, I just refer them to Matt.
Re: Seven Reasons Tech Start-Ups Are Setting Up Shop in New York
#5One comment...Wall Street doesn't have a choke-hold on technical talent. For instance, most (I'm confident to say above 90%) people recruited by banking programs cannot write a single line of code. Excel macros don't count.
Right. All that C++ code for high frequency trading is written by "banking program" employees who cannot write a single line of code. What planet are you from ?
Re: Seven Reasons Tech Start-Ups Are Setting Up Shop in New York
#6Why is it that everyone is so concerned about where to start? Location is important, but having a product out, or at least a prototype available, is more important. You can do this anywhere, and when you get seed money or funding later, you can move to somewhere glamorous. It's like moving to Hollywood because you want to be an actor or writer.
If you're the coder--especially if you're the coding founder--you can make the basic prototype first. Show people the value of your code then move after you've convinced them it's golden. If you're not bringing money in or if you don't have a product yet, moving to another place will just burn up money. You want to build your product and maximize what you can do with it instead of facing money troubles the minute you move.
Re: Seven Reasons Tech Start-Ups Are Setting Up Shop in New York
#7Why is it that everyone is so concerned about where to start? Location is important, but having a product out, or at least a prototype available, is more important. You can do this anywhere, and when you get seed money or funding later, you can move to somewhere glamorous. It's like moving to Hollywood because you want to be an actor or writer. If you're the coder--especially if you're the coding founder--you can mak…
This is the classic Dan Pink argument against Richard Florida's. Pink: "place doesn't matter, the internet is everywhere". Florida: "The internet is everywhere, but local culture is important."
"You can do this anywhere" is not at all true. I think we'd admit that being in at least a tier 2 city is a necessity or at least VERY advantageous. Outside support (your "seed money") and chance are a big deal, and you don't get that in Small Town, USA.
Yes, a lone programmer with the internet isn't an island, but a peninsula isn't awesome either.
Re: Seven Reasons Tech Start-Ups Are Setting Up Shop in New York
#8One comment...Wall Street doesn't have a choke-hold on technical talent. For instance, most (I'm confident to say above 90%) people recruited by banking programs cannot write a single line of code. Excel macros don't count.
I know Erlang, Haskell, Scala, C++ and Java hackers with jobs in finance.
Not people who know them a little, true expert hackers.
Re: Seven Reasons Tech Start-Ups Are Setting Up Shop in New York
#9Why is it that everyone is so concerned about where to start? Location is important, but having a product out, or at least a prototype available, is more important. You can do this anywhere, and when you get seed money or funding later, you can move to somewhere glamorous. It's like moving to Hollywood because you want to be an actor or writer. If you're the coder--especially if you're the coding founder--you can mak…
I disagree. You're not appreciating the values of serendipity, creativity, and culture that you gain from living in an exciting and dense place like NYC.
While seemingly intangible, I believe that these qualities lead to more exciting and innovative ideas in the long run. And NYC's dense and supportive startup community makes it more likely that people will connect over these ideas and form teams that would never have met each other otherwise.
Re: Seven Reasons Tech Start-Ups Are Setting Up Shop in New York
#10I assume this article was submitted for the closing argument, which is pure gold:
"Not so fast…
Matt Mireles, the founder and CEO of the video transcription service SpeakerText, started his company in his Harlem apartment but recently jumped ship for the Valley. Mireles said he’s making the move because of a “chokehold” he believes Wall Street has on technical talent in New York. In his experience, entrepreneurs are stuck fighting over a few start-up-minded developers.
That said, Mireles admits his long-term plan is to eventually return to New York. “If I wanted to be where there are more hot girls and nightlife I wouldn’t be in Mountainview,” Mireles said. “But I’m doing this [move to California] so in five years time I can live in New York in a big pimped out loft or something.”"