"The NYC tech scene is exploding," Chris Dixon, co-founder with
Caterina Fake of New York startup Hunch, blogged this month. New
York entrepreneurs are benefiting from the collective efforts of
local venture capital firms, serial entrepreneurs, incubators,
universities and city government, says Jay Rand, a partner at
Manatt, Phelps & Phillips, LLP who advises venture-backed
companies and VC firms, including Union Square Ventures. In this
video with The Deal, Rand discusses the role played by the city's
many incubators -- First Round Capital visited eight New York
incubators in one day last month -- and the role played by Mayor
Michael Bloomberg's office, which recently held the NYC BigApps
competition. Watch the video below or download it on iTunes. --
Mary Kathleen Flynn