Boston vs. NY Venture Capital

I’ll be moving to NYC in a month, and potentially refocusing this blog on NYC. Because I’ve been spending a lot of time thinking about NY, I want to begin discussing it in the upcoming weeks.

There’s been a Boston/ NYC rivalry as long as I remember.  Having grown up in NJ and living in Boston for the last six years, I’ve felt a good amount of it, though nothing was better than watching the Giants beat the Pats…

Everyone knows that Menlo Park is at the top of U.S. VC, but Boston isn’t too far behind.  Interestingly enough, NYC takes much more of the online credit for this.  Why is this?

I think the answer is definitely cultural.  The NYC tech world is filled with Julia Allison, trendy Soho Meetups (that I’m hoping to be a part of when I finally move next month), and the media.  Boston, on the other hand, is comprised of brilliant, but nerdy MITers, medical devices, and the boring VC town of Waltham.  As developed as the industry is here, it definitely lacks the community that exists in Menlo Park and NYC.  I’m very excited to hopefully join that community in NYC, even though I am a consultant and don’t spend much of my professional time working with startups.