# NYC's Tech Resurgence (continued)

**Published by:** [AVC](https://paragraph.com/@avc-2/)
**Published on:** 2021-10-14
**URL:** https://paragraph.com/@avc-2/nyc-s-tech-resurgence-continued

## Content

A few weeks ago, I wrote about NYC’s Tech Resurgence. I observed that NYC continues to develop as one of the world’s leading centers of tech innovation. And then yesterday, I saw this tweet:NYC startups are getting funded at 2/3 the rate of Silicon Valley startups. That’s a huge change from where NYC was even two or three years ago. It wasn’t that long ago that a NYC-based startup had to agree to move to Silicon Valley to get money from the VCs out there. I think that was still a thing into the latter part of the 2000s. Now a decade and a half later, we see NYC startups raising capital almost as much as Silicon Valley startups. Wow.

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