Funding in NY Follow Up

From: dale c.
Sent on: Monday, August 27, 2007 10:57 AM
I just wanted to write a quick note to say thanks to everyone who responded to my Funding in NY post and to give a quick summary of my findings. Please keep in mind that this information is the consensus of most people who responded to my original question, and not my opinion as I have no real experience in this area.

The general consensus seems to be that NY funding, whether it's angel or VC, tends to be more conservative and later stage than Silicon Valley funding. In addition, there seems to be less funding available in NY, although that is not to say funding is necessarily scarce, just that there's greater competition for what's already there.
There's also some opinion that the NY funding is not as technically connected as SV funding, which is to say that SV funding usually brings with it a wealth of connections to people in the industry with a great deal of experience and a large network of other smart/experienced/connected individuals. Essentially, those doing the funding in NY may not be able to provide as much after funding help as those in SV.

Once again, thanks to everyone who responded.

Dale Cook

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