In terms of raw dollars, Silicon Valley attracts significantly more, but
New York’s share of the pie is actually
growing considerably faster. The main driver behind that growth is
New York’s successful self-fashioning as the capital of so-called “hyphen
tech” — the numerous sub-sections of startups that align themselves with various industries: fin
tech, fashion
tech, media
tech, and so forth.
http://techcrunch.com/2016/04/18/3-reasons-new-york-city-is-the-best-place-to-start-a-tech-company/
http://www.builtinnyc.com/2015/12/10/numbers-behind-new-york-techs-steady-growth
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