11 top VCs discuss the future of New York startups
Anthony Ha chats with 11 investors on New York startups and what they're seeing during Covid-19.
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by Anthony Ha
New York City was an initial U.S. hotspot for the COVID-19 pandemic, and it’s also one of the most expensive cities in the world — so you might think startups would be anxious to leave.
However, when we surveyed a number of New York-based venture capitalists, they seemed bullish about the city’s future as a startup and technology hub. As AF Ventures’ David Levinson put it, “New York simply has too much to offer, from its richly diverse population, cultural significance and vast collection of industries to lose its entrepreneurial spirit.”
Lest you think this is just reflexive NYC boosting, several of our respondents offered stats and historical analyses to back up their arguments. They also discussed industries that are likely to flourish and how the shift to remote work will affect local startups.