The recent recession may have cut venture capital available to young companies, but it hasn’t prevented a blooming of high-tech startups in New York.
Many of the companies getting attention from venture capitalists and on tech blogs are social media sites, which rely on networks of friends to do everything from picking out gifts to sharing photos.
“New York is a hotbed of innovative startups and always has been,” said Nate Westheimer, co-founder of AnyClip, a company that aggregates clips of movies. Read the full story.
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