INTRODUCTION & Q1 SUMMARY When it comes to NYC’s startup ecosystem which has over 9,000 companies and an estimated value of over $71 billion, the first quarter of the year was characterized by the Wall Street Journal as having gone… Read More ›
Startup Ecosystem
The State of NYC’s Digital Economy in Q2 2021: Universities
INTRODUCTION & Q1 SUMMARY The first quarter of 2021 saw NYU’s Entrepreneurial Institute begin its new Technology Venture Program, intended to launch the next generation of NYU technology based ventures. This effort sought to build upon a foundation that over the years… Read More ›
The State of NYC’s Digital Economy in Q1 2021
INTRODUCTION In taking a look at the state of NYC’s digital economy covering the first quarter of 2021, the area that looms largest is not surprisingly the devastating effect the pandemic has had on the larger economy. Positive news and… Read More ›
New Legislative Appointments Affecting Tech & NYC Small Business Relief in 1st Quarter 2021
SMALL BUSINESS RELIEF In what would be a major overhaul to the over 180 laws affecting NYC small businesses, the New York City Council announced a hearing held by the Small Business Committee on March 1, on two bills that would “provide… Read More ›
The Pandemic Continues to Bring Digital Focus and Resources to NYC’s Small Businesses
Amidst much discussion on the accelerated pace with which large corporations are adopting an increasingly digital focus, fortunately, a number of initiatives have also sought to assist small businesses cope with the pandemic by easing the shift to e-commerce, providing… Read More ›
NYC Comptroller Seeks to Increase Access to Digital Economy amidst Tech Companies’ Increasing Presence
Noting the loss of 479,000 jobs in the city’s private sector and 253,000 jobs in the restaurant, retail, accomodations, building and personal services industries, today NYC Comptroller Scott Stringer announced a comprehensive Workforce Development Plan, which aims to “dramatically expand the scale,… Read More ›
Microsoft Announces App Store Principles to “Ensure Fairness” in the Digital Economy
Two days after the U.S. House Antitrust Subcommittee released the results of its investigation into Apple, Amazon, Facebook and Google concerning their potential monopolistic control over the digital economy, Microsoft added its voice to the conversation. Notably absent as a target of… Read More ›
House Antitrust Subcommittee Sees Need to Restore Competition in the Digital Economy
Yesterday, the U.S. House Judiciary Antitrust Subcommittee released a report entitled “Investigation of Competition in the Digital Marketplace,” which sets forth their view that Apple, Amazon, Facebook and Google have been exercising monopolistic control over the digital economy. The result… Read More ›
New York State Wants to Help Small Businesses Go Digital
Yesterday, the New York State Governor’s office announced a new initiative entitled “Empire State Digital.” OBJECTIVE According to the Governor’s press release the purpose of the initiative is to accelerate the ability of NYS-based small businesses to grow their digital presence. Specifically,… Read More ›
‘Digital Transformation on Steroids’ – The Acceleration of Investment in Cloud Startups
The Wall Street Journal recently reported about the rise in cloud-computing funding deals, noting that they are riding a ‘wave of Pandemic-Fueled investments,’ and that cloud-related projects are being accelerated, with a focus on: Application security Computer networking Storage; and Enterprise databases… Read More ›
