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Five common misconceptions about building a startup in New York City

This is going to be BIG.

It’s really difficult for me not to get into the thick of discussions about whether or not you can and/or should build a company in New York City. I grew up here, went to school here, and have worked hard over the last 5+ years to help build up the NYC innovation community. I was there, too.

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How much does it cost to build the world’s hottest startups?

The Next Web

Here are their breakdowns of the costs and time investments to create 10 of the world’s hottest startups. And that involves processes, structures, feedback loops, analytics and a community.”. Suddenly, those multi-million dollar financing rounds that startups raise don’t seem so outrageous! times that amount in total costs.

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Hacking Innovation Education in New York

This is going to be BIG.

I mean, you don’t have to build an actual business—you can just mimic the movements and demonstrate something that looks like a startup on paper, without any of the necessary risk taking, lessons learned or even a fraction of the effort—all the stuff that investors like to see. It’s a recipe for failure.

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FinTech Innovation Lab Launch Event – June 2, 2011

David Teten

The new FinTech Innovation Lab , an annual program run by the New York City Investment Fund and Accenture, had their launch event on Thursday night. Previously CTO, Goldman Sachs. Very enthusiastic about the potential for the NY tech ecosystem, leveraging our strength in finance. Introductory remarks.