Economy
Start-Up New York?
New York City is well positioned to overtake Silicon Valley as the country's tech innovation leader
For decades, high-technology start-ups followed the Silicon Valley nerdistan model of suburban industrial park development. But growing evidence suggests a more urban tilt may be emerging.
The New York Times over the weekend posted this great map showing the location of more than 400 New York City start-ups (you can get a sense of it below but click through to see the whole thing). As the Times notes, "The vast majority of these companies have landed in Midtown South, within blocks of venture capital investors and veteran start-ups. The area’s affordable rent and popular restaurants and bars are a big draw."