New York's thriving tech scene is focused -- some would say too focused.
The Big Apple is the No. 2 hub for Internet investment behind Silicon Valley but is nowhere on the map when it comes to other lucrative areas such as biotech or clean tech.
New York's tech boom has been fueled almost exclusively by Internet and mobile startups, which received 90 percent of all venture capital flowing into the city last quarter, according to the latest figures from CB Insights. In the first quarter of this year, those companies accounted for 63 percent.
To read the full, original article click on this link: New York narrow tech scene may be a risky bet - NYPOST.com
Author: GARETT SLOANE
