After Wayfair’s successful IPO which valued the the Massachusetts-based company north of $3 billion, Fortune’s Dan Primack wrote a love letter to New York City calling out its technology success – or lack thereof. Primack wrote:
“When it comes to technology success, would you mind waiting a bit longer before adopting the mantle of “next Silicon Valley” or “Silicon Valley of the East?”…At this moment, New York is not the next Silicon Valley. It’s not even the next Seattle.”
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