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October 18, 2005

Why New York's entrepreneurial scene is less vibrant than Boston's

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Posted by Dominic Basulto

Joel on Software has posted a mini-essay on why New York's tech scene comes up short when attempting to emulate Boston's can-do, entrepreneurial vibrancy:

"Visiting Cambridge for a party at Y-combinator made me jealous about how much more vibrant the hacker/startup scene is in the Boston area than it is in the New York area... Is New York just lame compared to Boston? Or does it just seem that way? Why is that... is it because of MIT? or all the other high tech stuff going on there? Is it the high cost of living in New York? Or the fact that we have too many distractions, and it's not a good place to concentrate on making a startup? Or maybe it's because investment banks, hedge funds, advertising agencies, and media companies suck up all the oxygen?"

Anyway, it looks like Joel Spolsky (aka Joel on Software) is up to something - I noticed that he's meeting with Union Square Ventures in New York on the 20th. Might that be a sign that Fog Creek Software is thinking about lining up some VC backing?

Comments (1) + TrackBacks (0) | Category: Economic outlook


COMMENTS

1. Charlie on October 20, 2005 05:44 PM writes...

Or perhaps he was just on hand for Sessions... check out our website.

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