Actually that wasn't the question pg asked. He asked if NYC would ever surpass the valley and concluded that, among many reasons, the fact of NYC as a finance hub could create enough competition for devs that it might actually prevent NYC from ever surpassing the valley, i.e. there might not be enough focus on start-ups for start-ups to win.
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The question at hand is not "Does NYC compare to the valley," but instead "is the NYC tech boom sustainable."
NYC tech sustainable? Yes. NYC = SV? No. And that's a good thing.
Also, Appnexus is a cloud company.
Actually that wasn't the question pg asked. He asked if NYC would ever surpass the valley and concluded that, among many reasons, the fact of NYC as a finance hub could create enough competition for devs that it might actually prevent NYC from ever surpassing the valley, i.e. there might not be enough focus on start-ups for start-ups to win.