Archive for the 'nextNY' Category
Thursday, September 30th, 2010
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By Charlie O'Donnell at This is going to be BIG!
Yesterday, Howard Morgan announced First Round’s investment in SinglePlatform, a company started by Wiley Cerilli.
For almost as long as I’ve been at First Round, we’ve been thinking a lot about the gap between the average experience of a local merchant and the huge marketing opportunity that the internet and social networks represent. We’ve talked to tons of people in the space, and seen a lot of great teams with interesting solutions—but at the end of the day, the biggest problem was that we couldn’t see how people were going to solve the local sales challenge.
Selling to local merchants has long been the Northwest Passage of geolocation and hyperlocal plays. Figuring it out could mean untold riches, but lots have failed trying. First Round’s NYC team: Chris Fralic, Howard Morgan, Phin Barnes, and myself had a ton of internal conversation about what we thought about this market. We’re not necessarily sector investors, but we were really interested in finding a play that made sense here.
It’s funny how deals come about. Back in December, I met Nikki Aurora from Icreon Global at the Anniversary Party of the Arts/Tech Meetup. She was just getting her start in the NYC tech scene and we were talking about how to get more involved. I told her to get to know everyone and be a connector. When she asked me what areas First Round was looking at, she knew exactly who to introduce me to when I mentioned merchant marketing. A few months later, in April, she introduced me to Wiley Cerilli. After just one meeting, I went back to Chris and Howard and said, “I think I just met the guy we’re going to back in this space.” Wiley ran sales for SeamlessWeb for 10 years—one of the best examples of a successful local sales effort. He was extremely impressive—polished, smart, but most of all really understood what building real partnerships with local merchants is all about.
This deal was a real team effort—Howard Morgan will be joining the board, but our enthusiasm really came out of a lot of great conversation that we all had around the space. I had a lot of smart back and forth with Phin about retailers, group buying, customer acquisition challenges, etc., and Chris weighed in given his expertise in the sales & marketing area.
It’s also exciting to be working with other local investors, RRE and DFJ Gotham on a deal together—and we’re glad they decided to join us for this round. We’ve also got some serious sector expertise in the syndicate, including the founders of SeamlessWeb and Restaurant.com. We’re seeing more and more of these types of stories—where NYC success stories like SeamlessWeb are begetting new entrepreneurs, new angels, and new opportunities. Welcome to the next generation of the Big Apple.
Tuesday, September 21st, 2010
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By Charlie O'Donnell at This is going to be BIG!
If you’re a non-technical founder, while your team is building and refining your product, you’ve got to figure out what to do with your time. I find that first time CEOs often find themselves doing two things, neither of which is productive. First, they spend time throwing product ideas over to your tech team like grenades—blowing up carefully laid and simple product roadmaps, scattering them with feature creep shrapnel. They also enjoy multiple rounds of biz dev wack-a-mole—taking every inbound meeting that comes through their inbox and pinging people in their network and one circle away based on the biz dev idea of the day, flailing around the graph aimlessly like a wounded duck. If you’re going to do product, do product. Product management is a fulltime job and if your product needs work before you want to throw people at it, it’s worth the time investment and focus. However, if your team knows what it needs to build and refine, then welcome to being the “Outside Guy/Girl”. While you should always be taking your learnings back to the team, the more time you spend out of the office selling and cutting deals, the better. I’m a big believer that the right kind of business development deals can lead to fantastic results for a company—if planned well, appropriately simple, and executed correctly. I think it all starts with two things: The Standard Deal and The Pipeline. That’s what you get when you ask yourself “what do we offer", "who wants this" and "what's the simple deal that maximizes our ROI?” The Standard Deal The “standard deal” is minimum viable product for business development. It’s the kind of thing you can repeat in an elevator, simple to understand, universally applicable, and, most importantly, doesn’t burden your tech team with a lot of custom development. Often times, that comes in the form of analytics, which is what a biz dev partner would want in order to check on the success of the deal. Having good analytics is something every company should have from the beginning anyway, but it will take a little bit more work building a place where partners can login and check progress. A weekly report automatically generated to get sent out over e-mail is a good shortcut. An example of a standard deal is the one that del.icio.us struck in the early days where newspapers would put a little “Tag this article” widget at the end of every story, and in return, they’d get a feed of the keywords used to take the articles, which helped them on search and ad targeting. Very simple, very effective. Tie that with the story of how it enabled more sharing and very few people turned it down. MyBlogLog could “make any site social” just by pasting a widget. Disqus improves the conversation on any site. These are free deals where success means just getting these widgets out there on as many sites through as many partners as possible. Simplifying the deal means short legal contracts. What is your standard offering? The Pipeline To me there are three measurements that you want to use to rank your business development pipeline. Size, and in the absence of any other info, you start at the biggest and work your way down, ease of use—the trouble or lack thereof that you’d need to go through to get something done, and relevance. A lot of people try to work with small easy partners first, but I’m not sure that’s a good strategy. For one, they can be just as time consuming, and perhaps less professional or process oriented. Two, if you strike an interesting deal with the #2 player, how much do you want to bet that the very moment it goes live, your closest competitor will be in offices of the #1 company in the market striking a deal—using your smaller deal as the example. Also, business development meetings can be valuable for the information they give you over and above getting the actual deal done. You should know what it would take to ink a deal with your dream partner from day one—if for nothing else than to know where to set your goals and priorities. Create an exhaustive list of all of your possible competitors. Don’t ever list CondeNast without listing every single other publisher you can think of. Make a very simple spreadsheet: Company, Partner Type (Publisher, Carrier, Reseller, etc), Contact person/e-mail, Size, Relevance, Ease of Use, and then a subjective priority score. That list should be *exhaustive*. There’s no reason why any company shouldn’t have 50 potential business development partners in their pipeline, maybe 100, and be actively working the phones, inboxes, and pounding the pavement to get the deals you need to get—be it for distribution, revenue, PR, or just to outflank a competitor. The latter is totally underutilized. If you go in and impress the top 50 folks in your space, it makes it that much harder for a competitor to get a deal done—because you’re seen as the category leader. This is where you bring in your investors and advisors. Vet your deck with them… let them see how you’re pitching the company. It probably even pays to get all of them in a room to pitch practice and get feedback on your value prop to a partner. Then, once you’ve nailed the pitch, get them to go to work on your pipeline. Circulate your pipeline to your investors in a Google doc and ask them to put their names next to anyone they can introduce you do. Once they know and understand your pitch, the intros will be relevant—and there’s nothing worse than an investor who just randomly introduces you to a bunch of people that aren’t a fit for your product. When all is said and done, and if you’ve nailed your pitch, you might consider checking out nextNY’s ABC (Always Be Closing) Pitch Event with the Daily News. Instead of pitching for investment, you’re pitching to get a deal done with the NYC area’s largest daily local. Applications to pitch are due this Friday at noon and can be completed using the Eventbrite link on the event page. The Daily News corp dev and digital teams will pick out the best 5 or 6 companies for a public pitch next Thursday, September 30th. If you have a startup that could use a publisher with a large local community as a partner, you have nothing to lose. Best of all, unlike most of the other biz dev partners in your pipeline, the Daily News has telegraphed their wants: “…We are looking for partners to help us extend and improve our relevance to the local market on the web and through mobile applications. The focus is on useful information that helps people engage, interact and make decisions about their daily lives. We want to participate in communication, not push. We are looking to better provide focused, service-oriented local offerings for the five boroughs.” Happy pitching, and remember… second place is a set of steak knives and third place is “You’re fired!”
Monday, September 20th, 2010
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By Charlie O'Donnell at This is going to be BIG!
A day or two after I joined First Round, back in October, I ran into Ari Jacoby at the Ace Hotel. I had just finished reading “Why Don't Students Like School: A Cognitive Scientist Answers Questions About How the Mind Works and What It Means for the Classroom.” Needless to say, how the brain works and how it interprets messages was on my mind—especially around the ones we want to keep there, like education and in this case, branding. So when Ari told me about SolveMedia, it resonated deeply with me. It was simple: Take something we hate about the web—annoying captchas—and replace it with something that is easier for the user and provides an advertiser with a great opportunity for engagement. You see, we remember things when we actually force our brain to process something through a thought exercise. It doesn’t actually have to be deep thought—just enough that all the right neurons are actually paying attention. That’s why you always remember names that are more difficult. When you meet someone and they tell you their name is Mary, you forget it two seconds later. Introduce yourself as a “Ruxy” and while they might screw it up, they’ll always remember and get close—because they have to think about it. It was one of the first times that I can think of where a more memorable brand experience on the web was actually *less* painful to the user—unless you count that time Doritos made the boxing ring with the punching chips. Stuff like that isn’t scalable, though—nor does it have the kind of measurable recall analytics that Solve is producing. These kinds of campaigns are scalable, measureable, and the efficacy are off the charts so far. I’m excited that First Round is an investor in Solve and hope that these guys become so successful that I never have to look cross eyed at another captcha again. If you’re using these things, please, please swap them out. I’d much rather type in “500 Million Friends” in an ad for The Social Network than try to figure out whether that purple squiggly is an “r” or an “n”. Check out their cool video explaining what they do, too…
Tuesday, September 14th, 2010
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By Charlie O'Donnell at This is going to be BIG!
Sometimes, my friends who don’t work in and around startups ask me what my hours are. I have no idea how to even answer that question. Am I working when I attend a lecture on a tech topic of interest? Am I working when I’m hanging out with a bunch of actual friends of mine who work at startups on a quest to find the best steak in New York? I got a potential deal from the latter, but I wasn’t thinking of it like work at all. That’s why I think the setting of hours is interesting. There are clearly some reasonable reasons to set some amount of expectations around work. If your developers are working late, and then they don’t stroll in into the afternoon, they might be putting in enough time, but they might make it hard for designers and product managers to get work done in the morning. That being said, if the hours set are too onerous, you wind up with a company full of clock watchers—or even worse, a company focused on putting hours in versus doing great work. I’ve always been someone who keeps very inconsistent hours. You’ll often se me leave the office at 5 or 5:30 to go play softball—but you’ll just as easily see me stay until 10 or 11 so I can dig out from underneath a mountain of e-mail. I enjoy that flexibility, and because our company culture at First Round is all about getting high quality work done, not just putting in hours, that feels fine. I asked Ted from Dogster what hours they keep. He told me something like 9:30 to 6—but it’s really only written down so no one shows up at noon. Other than that, they don’t much pay attention to it at all—it’s a very casual, comfortable work environment. That being said, when they’re launching a new product or release, everyone knows they stay until its done—which might be 1AM. However that also means that when the PMs are speccing, and the designers and devs have nothing to do, they’re free to leave early. Hours aren’t the only thing that make up company culture, but they often set the tone. I know personally that I hated environments like I felt like it was a race to put in hours, or that you were looked upon with a raised eyebrow if you were out before 8. Maybe I’m just a more productive worker than you—or maybe I work more efficiently at home. Maybe I’m really just good for 8 or 9 hours of quality work per day, and then my brain shuts off. What then? Would you rather have me or someone who operates below par for 12 hours a day? What other things effect company culture? What makes a good culture? Right now, nextNY is doing a community vote around which NYC tech company has the best culture. I’d love to hear your thoughts. If a company you know, maybe yours, really strives to create a great environment, nominate them!
Saturday, September 11th, 2010
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By Charlie O'Donnell at This is going to be BIG!
Nine years ago, I walked up Madison Avenue with a pregnant co-worker back to the Upper East Side, after just having witnessed the falling of the first tower during the 9/11 Attacks. I was working at the General Motors pension fund, and we were all huddled together in the trading room, which was the one place we had a television. I had just graduated college that year. Despite being a New York native, the city seemed huge to me, compared to the active life of being a student leader on Fordham’s Rose Hill Campus. I never felt so small—so powerless to push back against the forces that had impacted my city. I went back to my apartment and sat alone in front of the television, having the state of the world told to me by others. Today, I took off in a kayak from the Brooklyn Bridge Park Boathouse—a free public kayaking program that I’m helping to build and run. We run out of two shipping containers in a park that, up until a year ago, was the site of a bunch of abandoned industrial piers. I went with some volunteers from our boathouse and a friend that I made from volunteering at the Downtown Boathouse over the last seven years. We trekked across the Harbor, around Battery Park, past the Winter Garden and World Trade Center site, and up to Pier 40. Given the great time we made, we pressed on to Pier 66 to the Frying Pan—it, too, a former abandoned relic that has reemerged to become a waterfront attraction. There are a ton of individual stories behind these kinds of activities that are rebuilding the landscape of our city. Helping to create the world around me—to live the life in New York City I want to live and do what it takes to make that possible—is empowering and rewarding beyond words. If there’s one thing I’ve learned in the last few years—it’s that even a place as big as New York City can be affected by a small group of dedicated individuals—and that it doesn’t have to stay stuck in anyone else’s definition of it. Last night, Startup Weekend launched, and New York City has never been a better place to build a technology business. We used to be a “sad assed backwater”, characterized by “neanderthals in suits”. Now, some of those same people call us a city of “energetic ass-kickers”. I’ve lived here my whole life. I’ve seen so many people escape—leaving New York City because they didn’t find what they were looking for or felt like it didn’t fit them. The people that stayed? They’re the people that have bent steel to shape it into a place they wanted to live in—through sheer force of will. These are the kinds of people that I want to spend time with, to befriend, to learn from, and to invest in. Everyday, I fall in love with this city—and it makes me happy that, more and more, others are not just discovering this place, but building it.
Tuesday, September 7th, 2010
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By ExperienceBlogger at ExperienceBlogger
A couple of months back we redesigned our shopping cart checkout page - this was a fairly risky project for us.
Getting the experience right - while always a big challenge - was even more pronounced in our case. Our customers can only purchase one product at a time as opposed to having many items in a basket (like you’d see on Amazon). While this “simplifies” the design, it also makes the user experience tricky in that most folks aren’t used to seeing a checkout process like this.
Furthermore, redesigning our MOST critical page presents a ton of inherent risk. What if we fuck something up? What if less people buy now? This could cost us hundreds of thousands of dollars.
But here’s why we knew we had to give it a shot:
The Stats
The most important metric we watch out for on our cart page is the abandonment rate. This is the percentage of people who make it to the checkout page and then leave without purchasing. That’s like being on line at a store, product in hand and then putting it down and walking out.
- Our shopping cart abandonment rate was at about 80% before the redesign
- Industry average is closer to 60% - 70%
- That means for every 100 people who clicked through to purchase, only 20 were actually checking out
- If we could get that abandonment rate down to 70%, we’d see a 50% increase in sales — and if we could get it down to 60%, our sales would double!
Bottom line: It was worth the risk!
The Question is “How?”
Now that we all agreed that we HAD to take a shot at doing this, the question became, “How can we redesign this page and mitigate as much risk as possible?”.
Like Warren Buffett says, “risk is not knowing what you’re doing”. I decided we needed more information before we did anything. So I started doing research and stumbled on this great post from the guys at 37 Signals: Design Decisions: New signup Form
A lot of my inspiration for the redesign (especially the right column — see below) came from that post.
I also picked up copies of the following texts:
The book on web form design was amazing. Luke nails the topic and I highly recommend it for anyone designing any kind of form (account setup, lead capture, etc.).
The NNG text was a bit dated but some of the data and principles outlined in the document really helped us make a compelling business case for all of our design decisions.
The Solution:
After going through all of our research and a series of brainstorming sessions with some of the folks in our marketing department, we put together a few different wireframes for the new checkout process. We ended up split testing 3 different versions and here’s the winner:

Here’s What We Did
1. Two Column Architecture - We broke the page out into 2 columns. This allowed us to include additional content in the right column to help remove any objections or anxieties for our customer:
- “Hand written” note from one of our instructors
- Emphasis on our 30-day money back guarantee
- A testimonial from an existing customer
2. Live Customer Support - Our products are typically priced anywhere from $1,000 - $3,000. High-ticket items sometimes require more hand holding and therefore we thought a “live” conversation with a customer support rep would eliminate some anxiety for a potential buyer. So we added a widget from LivePerson to allow new customers to chat with one of our support staff as they were making their purchase.
3. Step-by-Step - We broke the form out into discreet steps. This way, a person would know just how long it would take them to complete the entire process. We wanted to get in front of any frustration a customer would have about going through our checkout page by being as transparent as possible about the process.
4. Secure & Reliable - We really wanted to emphasize that it was extremely SAFE for a customer to give us their credit card information. So instead of hiding it in the footer, we showcased all of our security credentials throughout the order form, especially near the order button (e.g. Better Business Bureau accreditation, McAffee security, etc.).
5. Labels & Text Fields - To make it as easy as possible for folks to get through our order form we did a lot of work on our label alignment and text field sizing. The Form Design book I referenced above played a critical role in getting this right.
6. Contact Info - We wanted to let our customers know that they were starting a relationship with REAL people and not just a website. So we made it easy to find our toll free number before they placed their order.
7. Copy & Error Handling - While it’s not clear from the screen grabs above, we put a lot of time into rewriting the copy on this page. We also completely reworked how we handled errors and presented those errors to the user.
The Results
The results came back pretty quickly.
Our abandonment rate dropped from 80% to 54%!
So we not only hit our goal, but we exceeded it by 6 points.
Overall, I’d say this was a huge success for us and really illustrates the power of using some simple user experience tactics to make a meaningful impact on the bottom line.
Here’s a higher resolution version of our new page, would love to hear what you think:

Wednesday, August 25th, 2010
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By Charlie O'Donnell at This is going to be BIG!
“Private Twitter for small groups”
“BBM for every platform”
“Reply-all for SMS”
I could describe GroupMe in a lot of ways, but “really exciting” would have to be the most accurate one, and we’re very excited to announce it as one of our newest investments at First Round (See the Techcrunch article here).
Personally, I’m incredibly psyched about the scope of the vision and feel very lucky to be working with such a promising young team. They also couldn’t have asked for a better syndicate of investors. When First Round started talking with the Steve and Jared, we introduced the company to Betaworks and to Ron Conway’s SV Angel fund. Both groups signed up for the deal, as did Lerer Media Ventures, and several other prominent angels—including Josh Stylman and Pete Hershberg, who backed my previous company.
The path to our involvement with the company dates back to last December, actually, when I attended a Gilt Groupe “Expert Talk” run by Josh Knowles, formally their VP of Engineering. He introduced himself and we kept in touch through all the various social media channels—until I heard he was leaving Gilt. I reached back out to him and we reconnected for lunch at Coffee Shop right before the Techcrunch Disrupt conference. Knowing I was there, he told me that I had to meet his friend Steve, who had hacked up something cool at the pre-conference Hackathon. I was actually at the Hackathon, too… but had missed Steve’s presentation.
We met the next day, along with his partner, Jared Hecht. I knew Jared from his time at Tumblr. They showed me a very lightweight HTML5 mobile site that enabled you to start a group chat that fell back to just text messages when you logged off the web. Built on top of Twilio, it was pretty simple from a technology standpoint—but what got me was the enthusiasm of the team and the scope of their vision.
GroupMe is more than just a way to text in groups. It fits the way mainstream users want to communicate. I’ve always believed in small, private groups—dating back to when I first started blogging. I acknowledged that most blogs were private and only read by a handful people—like on Live Journal and MySpace. Believe it or not, the average person doesn’t want to talk to 5000 people. They want to talk to their four closest friends—the same people they look to go out with on Saturday night, or the friends from home they left behind when they headed off to college.
Jared and Steve understood this intuitively. Moreover—they understood how a lightweight communication app without a lot of structure to it had the potential to be a lot of things to a lot of people—the Twitter phenomenon. What we saw here was Twitter built for the way mainstream users want to connect. What you might lose in the power of search and virality, you gain in the additional ways users will interact with you. I wouldn’t negotiate weekend plans via Twitter, or debate a feature with a product team. Nor would I share important job news before sharing with just my immediate family members. Being the place where you communicate privately with the most important people in your life, or the small groups you see the most, is a critical part of the communications stack addressed very poorly at the moment. E-mail reply-alls aren’t a permanent solution.
You see this kind of behavior in BBM—Blackberry Messenger. Unfortunately, that’s stuck on the Blackberry platform—tied to a sinking ship in my opinion. GroupMe has a chance to be BBM for the rest of us, but also to be an open platform that other interesting group functionality can be built on top of—sending casual invites, starting a flashmob, group buying, quick conferencing (via voice, too!).
Right now, the app is extremely early—just a few months old, but the the team is making quick progress in an interesting area. They’ve met some great developer hires and are cranking away to launch new features for the TechCrunch Disrupt in SF—quite fitting given where they started.
As a personal note, I’m excited to finally get to announce a First Round investment in a company that I was involved with in New York City. The next two should get announced in a couple of weeks.
Tuesday, August 24th, 2010
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By Benjamin Bloom at bsbnyc.net :: blog
Reading The dirty little secret about Google Android, I've been enjoying the insightful analysis of how Apple's decision to free the device from the restrictions of the carrier were key to the identity of the device, and seem more in keeping with what Google originally promised with the Nexus One.
Unfortunately, the Nexus One flopped. The non-Apple customers buy their wireless devices and service very differently. Mass-market phones, even smart phones, need marketing spend behind them, and those campaigns are linked to carrier restrictions and modifications which compromise the "open" vision. The upshot, according to the article:
the consequence of not putting any walls around your product is that both the good guys and the bad guys can do anything they want with it. And for Android, that means that it’s being manipulated, modified, and maimed by companies that care more about preserving their old business models than empowering people with the next great wave of computing devices.
I think this rolls back into the S-Curve of technology adoption.

[credit: Wikipedia]
As the market matures and a it becomes a mass market product, smart phones and apps become both more standardized and more understandable for the average community. We see and hear idiotic advertisements exhorting us to be "twin texting turbos" with the Droid 2. And this is great for Verizon's bottom line, for marketers and developers launching Android apps, and for mobile web content growth. But it basically sucks for the innovators who want to be able to get a great device and move from carrier to carrier in the US market.
Other perspectives: Nic Brisbourne of DFJEsprit writes
[T]he longevity of the app paradigm versus open web standards will depend in large measure on who wins the hardware battle. Open standards at the software level probably will probably only prevail if hardware manufacturers with a PC mindset prevail over those with a preference for closed ecosystems...
Unfortunately, the principles of openness have been interpreted to mean an open app ecosystem, and haven't changed the economics of the closed carrier/device model in the US. Google wants a big market for Android apps and as many users as possible, and that motivation is at cross-purposes with the open-ness that geeks want.
Sunday, August 22nd, 2010
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By Charlie O'Donnell at This is going to be BIG!
This is me and my own opinions talking, not the firm that gives me money to eat... hopefully, that's pretty clear.
In the past, I've heard lots of arguments about how New York City needs its own [insert something national].
"We need our own Techcrunch!"
"We need our own SXSW!"
"We need our own Google!"
Honestly, I had never really put much stock in those ideas. I pretty much thought the Google of the New York tech scene was, in fact, Google. The world is a global place, made even smaller by technology. I didn't quite understand what the point of recreating what was easily accessible, just not native. I didn't mind that Techcrunch did Disrupt here--I thought it was great for New York.
However, I've interacted with a couple of outside groups lately that have pushed me to rethink my opinion on the value of being native to New York City. More and more, I'm seeing it as important to the process of shepherding local efforts to building great businesses.
You see, New York is the most infinitely complicated city in the world. Nowhere else do you have as many industries converging in one place--which creates the best potential for idea cross-pollination on the planet. Unfortunately, that potential goes largely untapped, since New York is also one of the most siloed places.
It's not that we don't want to interact with others who aren't doing what we're doing--we're all just pretty damn busy, that's all. That's why there's a lot of potential low hanging leadership fruit for anyone who cuts across several industries--like Julia Kaganskiy of the Arts & Tech Meetup. Similarly, it's not surprising to me that Evan, Hilary, and Chris--the founders of HackNY--are either New York natives or have been here long enough to feel like natives.
New York geography also has it's subtle influences on the social and business dynamic--perhaps not so subtle to natives. If you live here, you know having an office too far west of a subway is like getting banished to a desert, what it means when people say you can't get to Brooklyn to Brooklyn (you have to go through the city!), and why checking in above 59th street gets you a special badge.
New York is also a city of aspiration--which is great for the most part, but it also means you get a lot of dreamy eyes getting in the way of the heads down crowd. Understanding whose stars you want to hitch a ride on is a function of seasoned discernment. It's not a small town--and you can hide a reputation pretty easily. Is there a story behind the breakup of that management team? Did you talk to the co-founders? Was it really just an intern that got fired from posting to that Twitter account? What's the real story behind that investor's track record? Who really has influence and who just has a bunch of Twitter followers--and who's completely under the radar?
People ask me how much time it takes for me to put out my NYC events list each week. My first response is usually "not nearly as much time as it would if I didn't know most of the people putting on events." After a while, you get a sense of who's really pushing the envelope to create great experiences and draw in top professionals.
New York has become a very attractive place for outsiders--venture capital funds, accelerators, etc. They're all looking to tap the potential of the Big Apple, work with local talent, and help build local startups into great companies. The question is whether or not these professionals provide nearly as much value as the potential of those who are deeply rooted in the ecosystem?
I've said before that innovation is a ground war--it's house to house. You can't fish out the best entrepreneurs without trying to turn over every rock possible--and in NYC, that's a lot of rocks. It's also a function of building trust--and people aren't going to trust you with their startup ideas unless they see you around, know other people that know you, and hear that you're already out their providing value. That's what brings the right people together. If you believe that the best programs are the ones that bring together the most innovative startup professionals, you'd be hard pressed not to accept the fact that there's a home field advantage.
Owen Davis has done a great job this summer with SeedStart, and there's certainly room for even more supportive programming for the innovation community. My growing sense is that the best efforts to help the NYC scene are going to be similar to what we've seen over the past five years--natives, like SeedStart, who understand what makes NYC a unique place to build a company helping themselves. They're also potentially more committed to the long term viability of their programs--because they have nowhere else to go or be distracted by. New York isn't part of a portfolio--it's home.
Don't get me wrong--there has been and will continue to be lots of value contributed to the community by newcomers, but I think there's something to be said for participating, listening, and learning about what we've got here before you just march in as "liberators".
New Work City (NWC) is one of the most important hubs of the NYC technology scene.

Why? New Work City houses ~50 amazing tech freelancers and entrepreneurs running a dozen or so fledgling startups such as Perpetually, Loosecubes, Urban Pregame, Homingcloud and TouchGraph. Creating a home for independent workers and early stage entrepreneurs creates the fertile soil needed to seed innovation and birth new companies. NWC is that home. In short, New Work City is a home for the homeless and a desk for the deskless, individuals otherwise relegated to working from coffee shops or trapped in the depressing isolation of their own apartments.
If you’re thinking “desks for rent” you’re missing the bigger picture. It’s all about the people. NWC is people getting together because working in a stimulating environment surrounded by friendly passionate people who love what they do is f***ing awesome. It’s productive, it’s fun, and it’s deeply satisfying.
On September 1, a mere ten days from today, NWC opens its new home: a brand new 5,000sq space at Canal St and Broadway. The NEW New Work City will support a larger community and will be amazing. As an independent space, New Work City is self-sustained by paying members of the community — people like me. There’s no sugardaddy bankrolling it and no VC firm backing the space. It’s run as a break-even business and it’s entirely volunteer run — truly a space for us and by us.
In ten days, the dream for NYC to have a dedicated coworking space will be realized. It’s a dream that initially took shape back in the summer of 2007 as part of an East Village coffee shop (CafeBricolage). Many of the same people are still at the helms. 
Having an awesome home to independent workers and entrepreneurs is crucial to New York City’s goal to become a major technology hub. However, NWC needs your financial support to make this happen. We need about $100,000 total for the new space, and are attempting to raise $15,000 through Kickstarter. Please donate to our KickStarter fund and be generous (let’s smash through this goal!)
Also, please seriously consider whether your company or organization could benefit from a partnership/sponsorship opportunity with NWC. If so, please get in touch with me and I’ll happily put you in touch with “mayor” Tony.
By supporting NWC, you’re supporting NYC as a healthy place for startups. On behalf of me and all New Work City members, thank you for your support,
Jonathan Wegener
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