Is It Now Better To Start A Tech Company In NYC Than San Francisco? - PSFK
Is New York City the new Silicon Valley? This the question Roger Wu, a startup co-founder, is proposing in his recent article on Quartz. Although reports do show that successful startups in the Valley are valued nearly 40 times more than those based in New York. However, a closer at other factors such as turnover of revenue and risk.
Wu draws from sources like the New Tech City report, and Statistic Brain, that Silicon Valley has a “larger number of more risky” companies, whereas the “overall composition of New York companies is less risky.” According to the Startup Genome Report:

Is It Now Better To Start A Tech Company In NYC Than San Francisco? - PSFK

Is New York City the new Silicon Valley? This the question Roger Wu, a startup co-founder, is proposing in his recent article on Quartz. Although reports do show that successful startups in the Valley are valued nearly 40 times more than those based in New York. However, a closer at other factors such as turnover of revenue and risk.

Wu draws from sources like the New Tech City report, and Statistic Brain, that Silicon Valley has a “larger number of more risky” companies, whereas the “overall composition of New York companies is less risky.” According to the Startup Genome Report:

IBM Announces Silicon Valley’s Smartest Green SMB Startups

Last year 80 percent of the participating start-ups got some kind of funding by going to SmartCamp, according to IBM’s reckoning. IBM states that the twin goals of the SmartCamp program, part of IBM’s Global Entrepreneur initiative, is to bring new technologies to market faster, and address pressing issues such as energy, the environment, and healthcare.

The Silicon Valley winners were:

CareCloud, a Florida firm seeking to use the cloud to modernize the workflow of medical practices, putting physicians in touch with each.

Streetline, a San Francisco firm that seeks to let cities manage parking, and drivers find parking spaces, using sensors.