New York as (Financial) Tech Startup Hub

While chairing Money:Tech 2008 I got to see oodles of early-stage financial technology companies, and many of the most interesting were in the New York area. It’s nice to see New York leading in this area (along with doing well in media technology), and that point is reinforced by an article in Reuters today.

Admittedly, it isn’t cheap to start a company in New York, but it sure isn’t cheap in the Bay Area either — and you have considerably more experts in financial technology in New York than in Menlo Park.