Manhattan edges out San Francisco in new early-stage startups for the first time
1–10 of 18 posts
Re: Manhattan edges out San Francisco in new early-stage startups for the first time
#2Re: Manhattan edges out San Francisco in new early-stage startups for the first time
#3Proud biased NYC founder here. The energy, talent, and lifestyle in Manhattan / Brooklyn is incredible.
Data like this makes me suspicious of the increasingly loud threads about "10 reasons why if you're not building in SF, you're not building!"
Capital invested still wildly favors the Bay Area, but that could be a lagging indicator.
Re: Manhattan edges out San Francisco in new early-stage startups for the first time
#4San Francisco still seems to be way ahead in terms of total dollars invested. https://twitter.com/paulg/status/1659475589672173569?s=46&t=...
Re: Manhattan edges out San Francisco in new early-stage startups for the first time
#5Proud biased NYC founder here. The energy, talent, and lifestyle in Manhattan / Brooklyn is incredible. Data like this makes me suspicious of the increasingly loud threads about "10 reasons why if you're not building in SF, you're not building!" Capital invested still wildly favors the Bay Area, but that could be a lagging indicator.
Lagging indicator of what specifically? (I agree I could imagine many relevant measures it lags, just wondering what you have in mind).
Re: Manhattan edges out San Francisco in new early-stage startups for the first time
#6San Francisco still seems to be way ahead in terms of total dollars invested. https://twitter.com/paulg/status/1659475589672173569?s=46&t=...
Not for long. This NYC situation is just the thin end of the wedge.
Re: Manhattan edges out San Francisco in new early-stage startups for the first time
#7Actually surprised there isn't more of a flow of tech talent to NYC these days. Or maybe it's actively happening, but we just don't talk about it that much.
The Bay offers great nature, climate and slightly lower cost of living, but just about everything else is more interesting in NYC/Brooklyn.
Re: Manhattan edges out San Francisco in new early-stage startups for the first time
#8Proud biased NYC founder here. The energy, talent, and lifestyle in Manhattan / Brooklyn is incredible. Data like this makes me suspicious of the increasingly loud threads about "10 reasons why if you're not building in SF, you're not building!" Capital invested still wildly favors the Bay Area, but that could be a lagging indicator.
Lagging indicator of what specifically? (I agree I could imagine many relevant measures it lags, just wondering what you have in mind).
Lagging indicator of previous success. For tech, this currently is Bay Area start-ups (Meta, Google).
The safe route is to invest based on brand name (aka previous success): Bay Area, ex-FAANG, Stanford education, etc. But by definition, you are trying to bet on current and future trends using previous data.
Re: Manhattan edges out San Francisco in new early-stage startups for the first time
#9Proud biased NYC founder here. The energy, talent, and lifestyle in Manhattan / Brooklyn is incredible. Data like this makes me suspicious of the increasingly loud threads about "10 reasons why if you're not building in SF, you're not building!" Capital invested still wildly favors the Bay Area, but that could be a lagging indicator.
Lagging indicator of what specifically? (I agree I could imagine many relevant measures it lags, just wondering what you have in mind).
Later stage companies raise bigger rounds, so the metric will lag even if more companies are starting elsewhere.
Re: Manhattan edges out San Francisco in new early-stage startups for the first time
#10Because NYC isn't completed run into the ground like San Francisco. You don't see open drug scenes in Manhattan like you do all over SF.