New Money

Early Stage Investing in New York Got Supercharged Mid-2009

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What the hell happened in the middle of 2009? Jerry Neumann, an early stage investor in such companies as 33across and BankSimple, couldn’t sleep last night. So he decided to play with investment data from Crunchbase, TechCrunch’s crowd-sourced, somewhat spotty record of start-up rounds. “New York City is on a roll, right? Right,” he writes. Looking at the data,┬áNew York VCs like Betaworks, the sleeper Great Oaks Venture Capital, Greycroft Partners, Hudson Ventures, DFJ Gotham, Union Square Ventures and Village Ventures doubled their efforts in early stage investing since the end of 2009 and they haven’t slowed down. Read More