The State of NYC Seed

Since joining NextView, we’ve talked often and excitedly about the New York startup ecosystem. With many seed investments locally already, everyone on the team has had a window into how entrepreneurship in the city has evolved over this current cycle.

In the eight years since the housing crisis, NYC tech has been active, to say the least. The community has given birth to tremendous successes and lots of failures, participants have come and gone, round sizes have grown, hot sectors have cooled, reignited, and cooled again, and founders have come from every conceivable background to build here and seek talent, customers, and funding from an increasingly diverse field of investors. Not unlike Gotham itself, the tech ecosystem bobs and weaves to a nebulous beat.

As a further mimic of its host city, New York tech stands tall and stubborn, with a never-say-die presence through flush times and lean. But our conversations at NextView have always ended in excited chatter about the New York opportunity. And it was these conversations that I believe led to the team’s decision to add their own stubborn presence to stand up for seed-stage startups in NYC … me.

Here’s a long story short: We believe firmly that entrepreneurship and startups in New York are alive and well, and we’re here to support them as local seed investors. With conviction in this city, its entrepreneurs, and their ideas — and given that I’m carrying the NextView banner in New York City full-time — I thought I would put some of my analysis and opinion about the state of NYC seed out there to our world. Thanks for taking a look.

The State of NYC Seed:

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Tim DevaneComment