Wednesday, February 07, 2007

Silicon Alley 2.0

Price Waterhouse Cooper just released a new report indicating that $2 billion in venture capital was invested in approximately 250 New York based startups. It represents a two fold increase over last year's funding. The message in the report is clear : Silicon Alley is back. Kudos to PWC for making the news official. Anyone who attends the New York Tech Meetups has known this for some time, but it's great to see the larger business world acknowledge the rebirth of Silicon Alley.

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