Money | New York City NYC to Rival Silicon Valley as Tech Start-Up Capital? Venture capitalist thinks it will be the new tech hub By Patrick Spain Posted Oct 28, 2010 9:55 AM CDT Posted Oct 28, 2010 9:55 AM CDT Promoted on Newser Oct 28, 2010 12:20 PM CDT Copied The vibrant graphic locales of the Great CAB CHALLENGE include: top, the Statue of Liberty; center, the Flatiron Building; bottom, Times Square. (Graphic: Machine Dreams) (AP) In an interview in GigaOM, veteran NYC-based venture capitalist Fred Wilson is bullish on New York City as the next major center of technological innovation. He says that Internet companies based in the city are being flooded with venture capital at the same magnitude as Silicon Valley start-ups. Wilson attributes the growth to a maturation in business models that requires more expertise in the areas that New York is famous for—finance, media, fashion, and design. There's just one thing missing, says Wilson, "a standout performer on the order of a Google, Apple or eBay." Read These Next New Fox star, 23, misses first day after car troubles. Man accused of killing his daughters might be dead. White House rolls with Trump's 'daddy' nickname. Supreme Court ruling is a big blow to Planned Parenthood. Report an error