When Dennis Crowley and Naveen Selvadurai started building their location-sharing startup, Foursquare, in 2008, they chose New York City for their headquarters, and Crowley's kitchen table in the East Village served as their first workspace. "We never even had a conversation about, 'the only way to make it succeed is to go to California—should we pack up our stuff?' " he says.
Given that the pool of Web developers was so much bigger in Silicon Valley, Crowley's decision might have seemed risky. But in the past few years, a growing number of startups have seen the Big Apple as a viable alternative to the San Francisco Bay area. This growth is fueled by a confluence of factors: the rise of several prominent startups, including Foursquare and the crowdfunding site Kickstarter; the arrival of venture-backed accelerator programs to help young startups get off the ground; a pool of engineers who have come to or stayed in the city as companies like Facebook and Twitter built offices in New York; and moves by New York City's government to encourage tech innovation.
To read the full, original article click on this link: The Rise of the New York Startup Scene - Technology Review
