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.