Silicon Valley may be the undisputed capital of tech at the moment, but New York holds its own with a set of unique qualities that make it an essential part of the game -- and for some kinds of startups, a much more important base for building a business. These include the city's population concentration and its leadership in other industries, according to�a panel of NY-based tech insiders speaking earlier today�at the TechCrunch New York Disrupt conference. David Tisch, MD of NY-based seed fund and accelerator TechStars, takes that idea one step further: he thinks that this year we will see two or three of the biggest companies based here exit in the form of an IPO or acquisition, out of a group of 20-30 strong candidates that have been "growing to a scale where acquisitions can happen."
Monday, May 21, 2012
TechStars? Tisch: We Will See 2-3 NYC Startups Exit This Year Out Of 20-30 Strong Possibles
Silicon Valley may be the undisputed capital of tech at the moment, but New York holds its own with a set of unique qualities that make it an essential part of the game -- and for some kinds of startups, a much more important base for building a business. These include the city's population concentration and its leadership in other industries, according to�a panel of NY-based tech insiders speaking earlier today�at the TechCrunch New York Disrupt conference. David Tisch, MD of NY-based seed fund and accelerator TechStars, takes that idea one step further: he thinks that this year we will see two or three of the biggest companies based here exit in the form of an IPO or acquisition, out of a group of 20-30 strong candidates that have been "growing to a scale where acquisitions can happen."
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