Silicon Archives * NY French Geek

2005: Funding for NY companies:$61M, Silicon Valley:$209M – 2010: NY:$138M, SV:$205M

Watch out, Silicon Valley. Thanks to Google, Foursquare, and others, the Big Apple is fast becoming home to some top Internet talent.

New York’s tech cred is on the rise: Manhattan-based Foursquare’s geolocation service is the envy of Silicon Valley. Facebook bought out two New York startups, and Google just purchased the huge Chelsea building where it employs nearly a tenth of its global workforce. Now incubators are sprouting downtown, venture capital firms are opening New York offices, and prominent angel investors are spending more time with the scores of developers who crowd into shared workspaces across the city. “New

IT’S TRUE: Top Tech Talent Is Now Leaving Silicon Valley For New York City

“What’s the deal flow look like?”

“What are you seeing in general?”

“What’s the breakdown of Alley vs Valley deals you’ve been contacted on?”

“What themes and patterns are developing?”

These are the typical questions we get from the VC’s, Angels, Founders, and Executives with whom we work.

The questions seem to be coming much more frequently these days.

Daversa Partners is a leading executive search firm focused on building teams for venture backed, emerging growth companies. We have 40 people in the firm and offices on both coasts.

Until mid-2009 Silicon Valley had dominated our attention and dwarfed