https://rossdawson.com/availability_of/ Keynote speaker | Futurist | Strategy advisor Fri, 03 Apr 2009 15:35:13 +0000 hourly 1 https://rossdawson.com/availability_of/#comment-611 Fri, 03 Apr 2009 15:35:13 +0000 http://rd.wpram.com/?p=706#comment-611 Interesting point Elias!
Another factor in NYC – which is perhaps the most status-driven city in the world – is that people see high status for people working in finance and media but not much for those in start-ups (unless they’ve already made it big). Very different in SF where bankers are corporate nerds and entrepreneurs are the adventurers.

]]> https://rossdawson.com/availability_of/#comment-610 Fri, 03 Apr 2009 14:10:06 +0000 http://rd.wpram.com/?p=706#comment-610 Exactly – and I can validate that from why the NYC tech community isn’t what people want it to be. One of the experienced entrepreneurs here was explaining to me that the lack of talent is what prevents lots of NY startups from going big.
Because big media and finance dominate the city, all the talent gets sucked into those companies. Why would a developer work at a startup, when he can get paid a lot more working at a bank?
Sure, NYC is bubbling in activity (as other people have flagged to me), but lots of social media parties do not mean sustainable businesses being built.

]]>