On Wednesday, New York-based Center for an Urban Future, a policy think tank, released a report surveying the city’s digital startup scene, and its conclusion was rather dramatic: New York has surpassed Boston in tech leadership, the center says. “In 2006, I wouldn’t have put New York anywhere on the map (of leading tech hubs),” says entrepreneurship trend tracker Vivek Wadwha in the report. “Now it is literally number two. If there is any second to Silicon Valley, it’s now New York, not Boston.”
Certainly the researchers contributing to the report have some compelling data to back up the notion that NYC is now the number-two tech hub in the United States. In the five years ending in 2011, 486 companies were founded and received angel or venture capital, according to the report, which pulls together data from several sources, including PricewaterhouseCoopers and the National Venture Capital Association (NVCA). The number of VC deals grew 32 percent in that five-year period in New York, while venture funding was down in every other major tech hub.
To read the full, original article click on this link: New Tech City: Has NYC Passed Boston in Mobile and Web Innovation? | Xconomy
