NYC Vs. Silicon Valley: One Entrepreneur's Tale

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Despite all the talk about how "the New York tech scene is exploding," at least one first-time entr...
Despite all the talk about how "the New York tech scene is exploding," at least one first-time entrepreneur is leaving for Silicon Valley -- and taking his startup with him. "Anyone who has been to Silicon Valley knows there is more of an equity culture, a more entrepreneurial-minded engineering culture," argues Matt Mireles, the 29-year-old founder of video-to-text service SpeakerText Inc. His take on New York may be blasphemy to Gotham's digital faithful, who say the city is poised to become the "next tech mecca," but his story highlights what New York must do to challenge the San Francisco Bay Area as the country's best breeding ground for technology powerhouses.
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