New York vs. Silicon Valley

The New York Daily News just published an op-ed by Victor comparing the entrepreneurial communities of Silicon Valley and New York City:

Cities around the world have spent billions of dollars trying to re-create the extraordinary success of Silicon Valley’s entrepreneurial spirit. Among the most vigorous competitors in this regard has been New York City.

Yet New York’s biggest challenge is this: The secret to building the next Silicon Valley is not only in the assembling of necessary ingredients (talent, ideas and capital) but also the culture needed to allow those ingredients to flow freely into newly formed companies.

Read more:
Check out the full article to learn more about the challenges New York faces in trying to build an entrepreneur friendly business environment and the strategies it might consider to tackle those obstacles.

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