You can call it Silicon Park.
A new tech corridor is emerging in the heart of Manhattan, reshaping the map of the city's vibrant Web 2.0 startup scene.
If you had to pinpoint the epicenter, Park Avenue between 32nd and 33rd streets would be a good place to look: the headquarters of Gilt Groupe, perhaps the only tech firm in the city that warrants a $1 billion-plus valuation.
That office -- which once housed Right Media, an earlier city startup success bought by Yahoo! in 2007 -- is in the hottest ZIP code for venture capital dollars and deals: 10016. NO FLASH IN PAN: Gilt Groupe co-founders Alexandra Wilkis Wilson and Alexis Maybank at their Brooklyn site. Victoria Will NO FLASH IN PAN: Gilt Groupe co-founders Alexandra Wilkis Wilson and Alexis Maybank at their Brooklyn site.
Gilt co-founders Alexandra Wilkis Wilson and Alexis Maybank, along with angel investor Doubleclick co-founder Kevin P. Ryan, started in 2007 with the concept of "Flash Sales."
To read the full, original article click on this link: East Side pushing Alley off the map for tech startup cash - NYPOST.com
Author: GARETT SLOANE
