While we have been carping about the financial crisis, nerds of all hues and heights have gotten together to bust out their creative juices.
According to Wired, New York City’s tech scene has got a huge leg up due to Wall Street’s harakiri.
According to Wired, New York City’s tech scene has got a huge leg up due to Wall Street’s harakiri. Investors that used to dole out millions to larger institutions are more than happy to toss a few pennies (read: a couple of hundred thou) to scrappy start-ups.
Investors that used to dole out millions to larger institutions are more than happy to toss a few pennies (read: a couple of hundred thou) to scrappy start-ups.
The start-up themselves also find themselves in the unique position of being able to hire that hot-shot engineer, who has been laid off, or a marketing specialist who now spends his time walking his dogs and willing to work for less.
So, if you are a tech start-up, finance (check), hiring new talent for cheap (check) – ready for launch? (check , check and check!)
And if you thought you need to be on West Coast to make tech crackle, think again, New York may well be emerging as the new tech hub.
Some of the buzzy new tech ventures include:
EkoVenture, that signed up 450 of the estimated 40,000 eco-tourism operators around the world to create a network of eco-friendly destinations, where eco-tourists can travel to.
IvyExec that lists jobs for “top-tier professionals. The founder, Elena Bajic, tells Wired that employers are inundated with “hundreds or thousands of applicants for jobs they post online,” so some are gravitating toward this smaller network, the majority of whom she says have an MBA from a top-20 school.
For the full list of start-ups, go to Wired
