At a VIP party deep in the bowels of Newark’s Prudential Center, Simon Assaad navigated carefully to the bar, slipping past two hulking veterans of the Ultimate Fighting Championship. He ordered a red wine and moved carefully through the crowd, settling behind a table where rapper Ice T was holding court. “These are not guys you want to bump the wrong way,” said Assaad. Read More
For the launch of a site about the New York tech scene, we thought it would be fun to turn back the clock and look at who ruled the roost at the turn of the century. We took as our subjects the Silicon Alley Reporter 100 list from the year 2000, a bumpy patch for the dot-com kids. Hundreds of young public and private companies collapsed after the NASDAQ famously peaked at 5,048 on March 10 and then dove to 3,649 the next month, including the proto-social network theglobe.com, long-loading high fashion site Boo.com and abruptly-bankrupt webcaster Psuedo.com, whose founder Josh Harris is now an advice columnist for Betabeat. “What a difference a year makes,” editor Jason Calacanis’s letter opens. Some of these 100 Silicon Alley entrepreneurs were still flying high at the time of the list, some were hanging on and would rebound later, and others were still helming doomed companies. They were all here during the peak of the city’s tech scene, but where are they now? Read More
There were a few stories this morning about the news that Accel Partners, one of the top three venture capital firms in the nation, is opening an outpost in New York.
Tech companies have been loading up on New York real estate and it’s starting to add up.
Number of square feet at 111 Eighth Avenue, which Google bought in the largest single building sale in the country last year: 2.9 million square feet. Read More
“What I’d like to figure out is how we can create a much more sustainable and much more robust pipeline of developers into the NYC innovation community and I’d like to propose a lofty Read More
Foursquare is a member. So is Facebook.
“It always struck me as odd that these executives at these investment banks and these top companies would get these fantastic perks, and it was the entrepreneur, sort of the true value creators, that were left out,” New Yorker Eric Kuhn, who created FoundersCard, told Econsultancy in Read More