East Coast vs. West Coast 2.0
In the 90′s we had Notorious B.I.G. vs. Tupac leading the East versus West feud. In today’s tech culture, we have website companies duking it out in the Silicon Valley vs. Silicon Alley feud.
Staff at the University of North Carolina’s Kenan-Flagler Business School have summed up the promising new companies coming from each location in the graphic above.
Silicon Alley (New York) is the newcomer to the country’s technological petri dish, but it is gaining momentum fast. Although it is the underdog at this point compared to California, New York stands to become on par with Silicon Valley as one of the nation’s leading areas for entrepreneurs in tech innovation.
In the last year, New York has increased its digital groundwork substantially by welcoming prestigious startup accelerator TechStars, opening new offices for Twitter and Facebook and announcing plans for a 2.1-million-square-foot Cornell tech campus.
According to New York’s mayor Michael Bloomberg, “We understand that we will not catch up to Silicon Valley overnight,” he said in a speech to the business community. “Building a state-of-the-art campus will take years, and attracting a critical mass of technology entrepreneurs will take even longer. But — as with everything we have done — we are taking the long view.”
So while California may be the mecca of tech entrepreneurs at the moment, it’s only a matter of time before the east coast catches up. We will only have to wait and see if it is Disney World’s answer to Disney Land.
| Print article | This entry was posted by Matt Bramowicz on January 12, 2012 at 1:26 pm, and is filed under Social Media, Technology, Uncategorized. Follow any responses to this post through RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed. |
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