[New York] INGENUITY 2013

YoungUpstarts

Despite the challenging US economy, the New York startup scene is burgeoning. Events & Happenings event INGENUITY innovation New York New York Venture Capital Association startup

Book: Tech and the City: The Making of New York’s Startup Community

Feld Thoughts

On Digital Sabbath #5, I read Tech and the City: The Making of New York’s Startup Community. I got through half of it on my flight home from New York on Saturday morning; the balance laying on the couch next to Amy on Saturday evening. We had a fun hour long talk with Q&A, a lot of it about Startup Communities. If you are involved in the New York startup community, this is a must read book.

Incredible Week In New York

Feld Thoughts

As I was catching up on email from last week (not quite done yet) I was reflecting on the awesome week I had in New York. I had a couple of board meetings, spent a bunch of time at TechStars , gave some talks, had a pair of really fun late night dinners, had two strong runs (including one amazing one) along the east river, and stayed up until 1am drinking scotch with my partner Seth one night who was also in New York for a few days this week.

TechStars New York

Feld Thoughts

TechStars is coming to New York City. When we went about setting up the NY program, we evolved our funding model to be as inclusive of the local VC / angel community as we could. The first program runs from 1/10/11 to 4/8/11. Applications are open now.

Amazon “Swipes Left” On New York City

Haystack

Today, Amazon announced it will entirely abandon its plans to build its second headquarters (a/k/a “HQ2”) in Long Island City, a residential neighborhood in the borough of Queens, New York City. Back when he left his hometown Cavaliers for a new team in free agency, he branded his announcement as “The Decision.” Another mayor or governor should swoop in, cut a new deal, and start selling the benefits of a potential 5-10x investment could have on their community.

Introduction to the New York Fintech Community

David Teten

FinTech New York Accelerator. Rise New York (good mailing list) – includes the Barclays Accelerator , in partnership with Techstars , and a coworking space for fintech startups. Startupbootcamp Fintech New York. Most significant VCs in New York , including ff Venture Capital , are active investors in fintech. Fintech New York: Partnerships, Platforms and Open Innovation. Asset Management Financial Services New York

Introducing the Hitchhiker’s Guide to New York City Tech

View from Seed

New York City is a dream but can also be a navigational nightmare, equal parts crammed circus and rat race mixed at warp speed. In order to provide more transparent access and information, today we’re excited to launch the Hitchhiker’s Guide to New York City Tech.

[Review] Hits & Misses: New York Entrepreneurs Reveal Their Strategies

YoungUpstarts

In the book “ Hits & Misses: New York Entrepreneurs Reveal Their Strategies ” by award-winning journalist, columnist and essay writer Tina Traster , such decision-making by some entrepreneurs are put under the microscope.

Doing The Top Of Mind Drill At TechStars New York

Feld Thoughts

On Tuesday, I spent the day at TechStars New York. David Cohen and I then hopped on a train, cranked on emails and interviews all the way to New York, and then I finished the night (after some more email) with a one hour lecture by Skype to a class of San Diego based students. I’m super psyched about all the teams I met – it feels like the TechStars New York program is very high quality and off to a great start.

Upstate New York Do More Faster Book Tour

Feld Thoughts

Last summer, my long time friend Martin Babinec and his colleague Nasir Ali asked me if I’d come spend a few days in Upstate New York talking about TechStars and entrepreneurial communities. We’ve been friends for 20 years so it was easy for me to say yes to spend two days with Martin in Upstate New York and help him further his mission of expanding the entrepreneurial communities throughout the region.

What are the best New York City events to attend to meet VC’s and Angel investors?

Gust

Although there are many, many excellent events each week in New York that it would make sense for a startup entrepreneur to attend (see Gary’s Guide, Startup Digest, or This Week in NY Innovation), the truth is that (a) VCs and serious investors don’t go to most of them, and (b) the odds are slim that even if you and the investor were at the same event, you will have the opportunity or time to do more than say hello. The New York Angels Education Meetup.

What are the differences between startups/tech companies founded in Silicon Valley and those founded in New York?

Gust

While there are differences in the startup communities on the two coasts, and while there are definite differences in the investment communities, I’ve found much less of a difference in the types of companies being started. On the other hand, since New York is the undisputed capital of the financial, fashion and advertising worlds, we have many, many more FinTech, AdTech and Fashion-based startups here than one is likely to find in the Valley.

48in48 New York City 2016 in photos

Jeff Hilimire

That showed us that our mission is not just something our friends care about, but the broader community embraces it as well. I thought I’d do the same for the New York event. Our sponsors, especially Delta Air Lines , helped us get to New York City! We did it!

Lean Startup Conference Comes to New York & London

Startup Lessons Learned

Over the last eight years, we’ve learned that our Lean Startup community members are constantly searching for better ways to build and scale products. We’ve got two learning opportunities for you this spring: Join us at Lean Startup Conference New York (May 10-11) in Brooklyn for an intensive two days of specialized corporate innovator education and networking. Guest post by Melissa Moore & Jennifer Maerz of Lean Startup Co.

New York Lean Startup Week

Startup Lessons Learned

Next week, I travel to New York, where I'm especially excited to see the entrepreneurial renaissance that is in progress, first hand. I am declaring next week to be officially Lean Startup Week in New York City. Special thanks to Trevor Owens for helping to organize my New York trip.). SXSW was amazing and exhausting. We'll have slides and video from our Lean Startup track posted soon.

California, Massachusetts, New York, Colorado

VC Adventure

California, Massachusetts, New York, Colorado. When building an entrepreneurial community one needs to take a 10+year view of the effort. That’s the order of states with the greatest dollar value of seed and early stage investment according to a PWC MoneyTree study that my partner Jason blogged about today. 290M invested in 41 companies based in Colorado in 2011. Compare that with 2006 when Colorado ranked 12th on the list with just under $ 90M invested in 32 companies.

John Lilly On The Role of Simplicity and Messaging

Feld Thoughts

However, I wasn’t precise, as the one thing I read each week is the New York Times Sunday paper. I generally spend most of my time in The New York Times Book Review, Sunday Business, Sunday Review, and The New York Times Magazine.

Weekend Reading on Startup Communities

Feld Thoughts

New stuff shows up every week – mostly business and entrepreneurship books, and the occasional “I think you’d like this” book. So this weekend was about startup communities with a bonus book on the startup visa tossed in for good measure. The next book I read was Screw the Valley: A Coast-to-Coast Tour of America’s New Tech Startup Culture. The post Weekend Reading on Startup Communities appeared first on Feld Thoughts.

Top 3 Startup Winner: Happenstance

The Startup Magazine

In the summer of 2015, our co-founder/managing editor, Stephanie Choporis, was a graduate student at Northwestern University’s Medill School of Journalism and tasked with the following assignment: develop an idea for a new media product.

What are the advantages of stationing your startup in New York City opposed to Silicon Valley / SF?

Gust

A much more tightly knit startup community, compared to the larger but more diffuse West Coast community. A city that from the Mayor on down is devoted to helping the tech startup community expand exponentially. The world’s fastest growing tech startup ecosystem. Access to many, many more world market centers (advertising, finance, fashion, media, food, etc.). The world’s largest Tech Meetup (not to mention Meetup.com itself).

California, Massachusetts, New York, Colorado

VC Adventure

California, Massachusetts, New York, Colorado. When building an entrepreneurial community one needs to take a 10+year view of the effort. That’s the order of states with the greatest dollar value of seed and early stage investment according to a PWC MoneyTree study that my partner Jason blogged about today. 290M invested in 41 companies based in Colorado in 2011. Compare that with 2006 when Colorado ranked 12th on the list with just under $90M invested in 32 companies.

Entrepreneurial Communities Must Be Led By Entrepreneurs

Feld Thoughts

I’m about to head out to TechStars New York Demo Day. Our investment in SideTour – one of the TechStars New York companies – was announced yesterday and I’m excited to introduce them along with hanging out with all of the other great entrepreneurs from this session. Since I haven’t yet figured out how to be in two places at the same time, I ended up recording a short video for a meeting on entrepreneurial communities that I was invited to.

Hacking Innovation Education in New York

This is going to be BIG.

We spend way too much time, particularly in and around the New York area, teaching fundraising versus company or product building. The local tech community is figuring this out, not surprisingly, way before the academic institutions are—and where it is being discovered by academia, it’s being done on a one-off basis by educational revolutionaries in the innovation space who aren’t stopping to ask their schools for permission or to change curricula.

Entrepreneurial Density Revisted

Feld Thoughts

I’m in San Francisco right now and then New York later this week. When asked why Boulder is such a vibrant entrepreneurial community, I talk about a concept I call entrepreneurial density. In the case of Boulder, the core of the entrepreneurial community is in downtown, which is a 10 x 4 block area. The geography index matters even in places like New York. When I stay in New York, I generally stay within walking distance of Union Square.

Why Small Community Lenders Have Your Back

Up and Running

But don’t fret—community lenders are helping small businesses. Meet the community lenders. Community Development Financial Institutions (CDFIs) are one type of community lender. Chances are there’s a community lender near you.

Upfront and the Power of Startup Community in LA

Feld Thoughts

I’m finally home after three solid weeks on the road which included Austin, Dallas, New York, Boston, Philadelphia, and Los Angeles. You are doing amazing things in the LA startup community.

Why This New York Venture Capital Firm is Investing in Canada

David Teten

We’re a New York based early-stage venture capital firm. In 2013, Startup Genome, a platform for analyzing startup communities, listed Toronto, Vancouver, and Waterloo, Ont., The post Why This New York Venture Capital Firm is Investing in Canada appeared first on David Teten.

Startup Communities: Creating A Great Entrepreneurial Ecosystem In Your City

Feld Thoughts

For now, the title is “ Startup Communities: Creating A Great Entrepreneurial Ecosystem In Your City.” I’ve also got a bunch of guest sections coming from all over the US (I’ve got a dozen so far) so as they come in, I’m trying to fit them in (which often generates a new, or different section). If you are a leader in your entrepreneurial community and have something you want to add , email me 500 – 1000 words. TechStars Impact on New York.

When New York City comes together for the Marathon #ingnycm

This is going to be BIG.

Literally, the whole city was watching--across so many different communities, both local and international. Then, out of the blue, I saw Cyna Alderman, who runs the NY Daily News Innovation Lab and who couldn''t be more enthusiastic about working with the startup community. Well, thank you, New York. There are only a few times in my life where I felt like all of NYC was on the same page--sharing the same moment, and most of them were pretty bad.

CLEAR Community Charities

Feld Thoughts

Fortunately this included Denver, New York, and San Francisco. The new owners bought it a year ago, honored the old customers, and are gradually rolling it out across the country (currently Denver and Orlando and opening in San Francisco soon.). In addition, the folks from CLEAR are running is Community Charity program where they give $2,000 to favorite charities in these cities. We get to pick them, so go to the CLEAR Community Charity blog and vote now.

What Airbnb’s data on New York says (and doesn’t say) about its hosts

The Next Web

As part of a previous agreement to introduce transparency into its practices, Airbnb released the first of its regional ‘Compact’ reports yesterday — this one specifically covering the home sharing landscape in New York City.

Eugene Chung – New TechStars NY Managing Director

Feld Thoughts

Over at the TechStars blog today, David Cohen introduced the new Managing Director for TechStars in New York, Eugene Chung. His background includes NY-area investments BuzzFeed and Bedrocket while he was at New Enterprise Associates. Tisch provided amazing leadership over the three programs, helping launch 36 new companies, of which 1 has been acquired, 2 have failed, and 33 have gone on to raise around $50m and employ over 200 people.

3 Secrets For Hiring On Wall Street Versus Silicon Valley

YoungUpstarts

While New York is influenced by Wall Street’s high-powered deal-making, business in San Francisco tends to have a more relaxed feel with an emphasis on relationships. Here are 3 secrets when sales recruiting in New York vs. San Francisco: 1.

Social Trends Podcast: Building Quality Human Engagement For Your Brand

Brandanew

As each new platform has come, I have enjoyed getting to find out what’s different about them and using them for different things from Twitter, Pinterest, Instagram, Google+ , LinkedIn all of them. Marketers are trying to create brand stories to engage, connect and convert their communities.

6 Steps To Creating Communities That Enable People To Achieve The Unimaginable

YoungUpstarts

These groups are called micro communities and we believe they can also be an important conduit to reducing loneliness among both those in need of help and those lending their support. Their stories illustrate the power of micro communities.

Welcome Young College Graduates Into Your Entrepreneurial Community

Feld Thoughts

I feel strongly that the one of the important elements of building a sustainable entrepreneurial community over a long period of time is for the entire existing entrepreneurial community to be extremely welcoming to young college graduates. And, like Caine from Kung Fu , I’ve recently been wandering around the US ( next week – Upstate New York ) spreading my views, philosophy, and advice on creating and sustaining entrepreneurial communities.

Innovating in New York City

OnlyOnce

Innovating in New York City Last week I wrote about speaking at the NYC Lean Startup Meetup. One of my other key takeaways from this, which I've known for a while and have been meaning to blog about, is just how vibrant the tech startup community is here in New York. Like most things, New York City is such a massive and diverse place that it's easy to "get lost in the crowd," and there's a lot going on.

How the New York City innovation community can still lose (and what you can do about it)

This is going to be BIG.

I remember hearing that a New York City venture fund was raising money in 2004 and almost skipping the meeting, because New York wasn’t a viable place to deploy that much capital—it was a small blip in the past. I've heard that most new angels make 70% of their lifetime investments within the first year of starting to invest--i.e. There isn’t a single person in the NYC that is more excited than I am about how far we’ve come.

I'm Running for the New York Tech Meetup Board

This is going to be BIG.

I’m just as familiar with the New York Tech Meetup as anyone. I was also part of the original New York Tech Meetup board and participated on it until last year. Over the last seven years, I’ve not only been an active contributer to the NYC innovation community, but I have strived to help make it more accessible, creating new leaders and supporting other people’s projects.

5 Tips for Founding a Tech Startup in NYC

The Startup Magazine

Anyone that wants to found a tech startup in New York will find the fast-paced lifestyle a challenge to deal with. New York City is the Largest metropolitan area in the United States, with a diverse culture and energy that runs around the clock 24/7.

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.

What the End of Coworking at General Assembly Means for New York

This is going to be BIG.

By professionalizing startup education in NYC, GA has made a huge impact in the community. Yes, it''s a cool group of people--and I was a community member as well. Or maybe I''ll hang at the Alley, or New Work City, or WeWork, or GrindSpace, or WorkBench, or SparkLabs, or Regus, or Techspace. Nothing. Yeah, it doesn''t mean anything. Chill out. General Assembly isn''t really a coworking company.

Community Rot

This is going to be BIG.

Only, a weird thing happens when you don't put your time into the community--when you don't grab a booth at Techday or Uncubed. That's not a winning strategy either--but there's something to putting the facetime into the more aspirational places in your community, especially in NYC. New York is far from an efficient ecosystem. Lists are b t.