With all of the excitement over buzzworthy trends like food delivery apps, Internet of Things appliances, wearables and 3D printing, it’s tough to sort out the real trends from the hype. But if you need a reliable way of figuring out what’s really taking off in tech, your best bet is often to follow the money. Read More
Every day, we hear more from investors and founders about the growth of the New York startup ecosystem — hell, it seems like there’s a new Demo Day every time we get back from the last one. And wherever there are promising startups to fund, you can bet the money will follow.
NYC firm Lerer Read More
Welcome to Freshly Minted, where we examine an overlooked deal or funding announcement in tech from the past week, and tell you what you need to know, and why it matters.
This week’s deal: King-making VC firm Greycroft Partners raised its first growth fund for making even bigger bets on late-stage startups.
Greycroft Partners is Read More
When a startup comes along and rattles the corporate powers that be, those big companies rarely go down without a fight.
In the case of successful disruptors like Uber and Airbnb, the startups are punished with investigations and regulations. But in the case of storage startup Makespace, the new company is the one taking legal action — and, of course, publishing an angsty 2,000-word blog post about the situation, dramatically entitled, “When Goliaths Roar.”
Another international tech giant has put down roots in Silicon Alley. This morning, Berlin-based audio platform SoundCloud opened their New York City offices — their largest office in the United States.
In the new 5th Avenue location, engineers and audio technicians will work alongside marketing and sales staff. New York City has the kind of talent pool that allows a company like sound cloud to hire both technical staff and creative professionals, which is vital for a tech company that offers a platform for artists.
London, Beijing, Tel Aviv — these are the cities most commonly associated with thriving startup ecosystems abroad. But one country demands not to be left out of the running as a top-of-the-list hotbed for global innovation: the Netherlands.
In two weeks, the nation that claims such inventions as WiFi and the CD-ROM is bringing a group of their top startups to New York City to convince the world that Amsterdam is the next destination for tech innovation. The Dutch Consulate in New York is sponsoring 11 companies for a five day tour. They’ll meet with VCs, tour the offices of major New York tech companies, and spend two days at Brooklyn’s Northside Festival.
Alley vs. Valley
Cloud storage titan Dropbox announced this morning that it will be opening an NYC office before the end of the year, and has already begun the process of moving.
“We’re seeing enormous growth across the board, and New York is a great because it’s a microcosm of the broader market,” Ross Read More
You know what really makes Silicon Alley special? Bloomberg News has a theory: Broadway. Well, that, and the fact that this city is basically swarming with people who weren’t quite talented enough to make it onto the stage professionally but are perfectly capable of killing “Hello, Dolly!” at karaoke night.
New York City is inching ever closer to rival Silicon Valley as the epicenter of the tech world—and commercial real estate has to match its pace. With more tech start-ups moving to New York, and requiring high-speed Internet to do their jobs—or at least watch cat videos with minimal buffering—the presence of a broadband Internet connection can transform a pedestrian property into a hot commodity.
That’s why fellow Observer Media property The Commercial Observer has launched Wired City, a savvy new channel that explores the intersection of infrastructure, real estate, and broadband Internet. If you enjoy Betabeat’s coverage of New York’s quest for world domination, we think Wired City will be right up your alley.
It’s cold as a witch’s tit, the Port Authority was evacuated this morning thanks to a rank gas smell, and one Betabeat reporter just burnt her arm on the heating pipe in her bathroom. Clearly 2013 is already off to a great start.
Oh, and throw one more thing on the pile: After a banner year for startup types getting their way in Washington, the New York Times reports that regulators are expected to tighten the reigns on tech companies in 2013. That means Alley and Valley types alike are looking uneasily in the direction of D.C., trying to figure out what the swamp things in the capitol district will be cooking up this year.