I attended the [NextNY] meeting discussing Nyc Challenges for StartUp-s - z2007-01-30- Nyc Startup Challenges. Some interesting bits:

• NYC Angel Capital people rarely invest in tech/net startups - they do Real Estate, Hedge Fund-s, etc.

• NYC investors of any level are more likely to demand an existing significant revenue stream - no "building audience" as a stage.

• People felt that the expense of living in the city make it harder to get developers to give up their WallSt jobs, no matter how much they hate them.

• there was a general smell of Silicon Valley-envy in the air

• some people felt that it makes most sense to leverage the existing strong industries in NYC: fashion, media, advertising, etc. - although I think there's a question of whether you can foster Disruptive Innovation through the people you're trying to disrupt...

• some folks are thinking about encourage future Entrepren Eur-s by speaking to kids via NFTE, etc., while others want to focus on college students to get fresh hires, etc.

• [Kristian Hansen] intends to put a session together on Real Estate.

• Co Working, etc.

  • [NoNeck] suggests [The Tank Nyc] as a space to use

• after the event, I suggested that maybe members should "show their colors" while at a Coffee House with a [Luggage Tag] or Laptop Sticker bearing the [NextNY] logo.

• [Darren Herman] has blogged his experiences and recommendations on the NYC StartUp environment.

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