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Comment on Venture Funding Gushes in New York City

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While SF might be loath to acknowledge it New York has been a high-tech center for a long time - Fulton invented the steamboat, Tesla and Edison were both working here, later we had Bell Labs, IBM. The Manhattan Project had the named that because so much of the work was on the island of Manhattan before security and safety moved it out to the desert.

One of the big things here is that the NY area's tech scene is just one part of the economy among many. Every time I come to SF and the valley it seems as if the entire economy is being eaten by tech. Having lived and worked on both coasts, I think this is a huge advantage to NY.

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