Pulse of the Alley – Mark Wachen of DreamIt Ventures

▤ Summary

In Silicon Valley, everybody and his uncle, mother, child, and gardener is either working on a tech startup or working at a tech startup. The NYC tech scene is exploding but there are also other gigantic industries like media, finance, fashion, etc. Initiatives like the new Cornell campus on Roosevelt Island will be a major boost, but we need to come up with other creative ideas to encourage tech people to plant their roots here. We think accelerators like DreamIt are having a very positive impact on the NY ecosystem. In addition to providing a place for emerging NY companies to accelerate their growth, we’ve also attracted many exciting startups from across the nation (and the world) to our program.

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