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What the NYC startup world needs (and doesn’t need)

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Re: What the NYC startup world needs (and doesn’t need)

#3
My biggest challenge in NYC has been the availability of dependable salaries for coders and designers from non-startups, especially from banking and finance. Start-up equity isn't as valuable here to people who can get great pay from a bank or hedge fund.

I see saying NYC needs some extremely successful startups, more engineers, or more product designers as well intentioned, but it's like saying mice need more bells on cats. Everybody agrees, but no one knows how to make it happen.

Also, Parsons has a design and technology program like NYU's ITP. I've taught at both and they're both excellent. There may be other programs. I've worked with two Cooper Union alumni (one artist-turned-graphic-designer and one engineer) and both were among the best people I've worked with.

Re: What the NYC startup world needs (and doesn’t need)

#6
I think Chris is confused about the magnitude of $100M to bring a top university. $100 million in infrastructure upgrades to under-used land to attract a university is a bargin. The income and sales taxes would earn back the $100M in no time. It is pretty hard to find $100M investment, that will bring $1B+ follow on investment, and a few thousand people on a payroll who use very few government services.

Re: What the NYC startup world needs (and doesn’t need)

#7
post #3

My biggest challenge in NYC has been the availability of dependable salaries for coders and designers from non-startups, especially from banking and finance. Start-up equity isn't as valuable here to people who can get great pay from a bank or hedge fund. I see saying NYC needs some extremely successful startups, more engineers, or more product designers as well intentioned, but it's like saying mice need more bells…

'My biggest challenge in NYC has been the availability of dependable salaries for coders and designers from non-startups.'

I can't speak to programming/engineering jobs, but there's plenty of design jobs from non-startups. Almost every agency (including tiny ones) are based or have an office in NY. DUMBO has a ton of digital agencies. Motion graphics firms are centralized in Manhattan or in LA. Small ones can be found south of 14th or in Brooklyn. Easily the best city in the U.S. for design jobs.

Re: What the NYC startup world needs (and doesn’t need)

#8
Great post, as usual. And agree with almost everything except this:

> You can rent a decent place in a cool part of town on a typical startup salary.

"Decent" and "typical" are open for interpretation, but I can tell that for most interpreters I know the expression above evaluates to False. :)

Re: What the NYC startup world needs (and doesn’t need)

#9

Great post, as usual. And agree with almost everything except this: > You can rent a decent place in a cool part of town on a typical startup salary. "Decent" and "typical" are open for interpretation, but I can tell that for most interpreters I know the expression above evaluates to False. :)

[deleted]

Re: What the NYC startup world needs (and doesn’t need)

#10
post #3

My biggest challenge in NYC has been the availability of dependable salaries for coders and designers from non-startups, especially from banking and finance. Start-up equity isn't as valuable here to people who can get great pay from a bank or hedge fund. I see saying NYC needs some extremely successful startups, more engineers, or more product designers as well intentioned, but it's like saying mice need more bells…

'My biggest challenge in NYC has been the availability of dependable salaries for coders and designers from non-startups.' I can't speak to programming/engineering jobs, but there's plenty of design jobs from non-startups. Almost every agency (including tiny ones) are based or have an office in NY. DUMBO has a ton of digital agencies. Motion graphics firms are centralized in Manhattan or in LA. Small ones can be foun…

Indeed, I think spodek's point is that the many non-startup design jobs (with "dependable salaries") in New York makes it harder to attract good designers to startups.
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