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Comment by chiffonade | Hacker News Reader

I really have to ask, as a resident of California - have there been any massively successful startups to come out of NYC?

I'm being honest when I say I can't think of a single one. Maybe my memory has selection bias since I live in the bay area and LA.

Based on personal experience I would say that tech companies in NYC have a huge disadvantage because they're competing with hedge funds and investment banks for engineering talent.

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Based on personal experience I would say that tech companies in NYC have a huge disadvantage because they're competing with hedge funds and investment banks for engineering talent.

First, I think absolutes are silly. Except for the previous statement. And the recursion that follows.

Second... there's plenty of technical supply available in NYC. I don't think there's going to be hedgie/i-bank demand for talent anytime soon.

I'd say Fog Creek Software is pretty successful.

That guy is a quack.

What? The company does quite well financially and Joel Spolsky (like him or not) is Internet Famous.

Dude, he runs a small business on the internet. I'm talking about companies like YouTube, Google, and yes, Doubleclick like the person above you said.

I guess it all depends on how you measure success.

I define success by a market capitalization of one billion dollars or more.

Is that cut and dry enough for you?

Doubleclick.

Etsy is pretty successful and came out of NYC.

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