""Every company is a tech company," Julie Samuels, president and CEO of Tech:NYC, told me. "Every industry that thrives in NYC needs tech to take it to the next level - fashion, life sciences, finance, healthcare, biotechnology, media, entertainment.""
""We're uniquely able to succeed because we have smart people," Ryan, who has been called the godfather of NYC tech for co-founding MongoDB, Gilt Group and Zola, told me. "All you need is a computer and smart people ... and now there are all kinds of big firms (like Thrive) that can compete with Silicon Valley's established players and fund these ideas.""
""AI makes it so cheap and easy for anyone to be an entrepreneur," he said. "New York can lead here.""
Thirty years after Silicon Alley first emerged in Flatiron and Union Square during the 1990s dot‑com boom, investors are increasingly bullish about New York City's tech future. Veteran VCs and newcomers believe New York can dominate the next 30 years in technology. The city's breadth of industries—fashion, life sciences, finance, healthcare, biotechnology, media, and entertainment—creates vast demand for AI and tech solutions. AI lowers barriers to entrepreneurship, enabling individuals to build companies with minimal capital. Established local firms and new funds can compete with Silicon Valley and support these ideas, driving strong venture capital inflows into New York.
Read at New York Post
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