NYT: Alive and Well in Silicon Valley

NYT ran this article about NY’s Silicon Valley. The salient points were something like this: tehse second wave companies are frugal, they are not taking VC, they are managing growth.

The best line from the piece was this A lot could go wrong to derail the momentum of New York’s technology scene. Advertising spending could drop. A shortage of talented programmers could slow the speed of development…
That last line is key.