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The Truth About What Amazon in New York Means for NYC Tech

The Truth About What Amazon in New York Means for NYC Tech

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  • I really appreciate the balanced perspective from this article. Since the announcement of Amazon HQ2, majority of what I read was about the negative impact to NY. But, according to the article, if we believe that for every $1 spent, NY will get $9 returns on investment, that isn’t a bad deal. I know

    I really appreciate the balanced perspective from this article. Since the announcement of Amazon HQ2, majority of what I read was about the negative impact to NY. But, according to the article, if we believe that for every $1 spent, NY will get $9 returns on investment, that isn’t a bad deal. I know, that’s a big IF.

    Having personally lived and worked in Big Tech in both Bay Area and Seattle, I think the NY tech ecosystem will continue to be vibrant. Both SF & Seattle have vibrant startup ecosystems despite Big Techs. That said, I really hope that NY City & State will learn from the challenges those states and cities have faced due to rapid growth of Big Techs, especially around homelessness, congestion, and the increasing divide between the haves and have-nots, and have a risk-mitigation plan in place.

  • AlleyWatch creator Reza Chowdhury is one of the best journalists when it comes to the NYC startup ecosystem. He's seen just about everything that's evolved in this city when it comes to startups, entrepreneurship, and tech.

    He doesn't often write longform pieces about the space, but here's a great

    AlleyWatch creator Reza Chowdhury is one of the best journalists when it comes to the NYC startup ecosystem. He's seen just about everything that's evolved in this city when it comes to startups, entrepreneurship, and tech.

    He doesn't often write longform pieces about the space, but here's a great one he just blasted on Amazon's new deal with Long Island City.

    "The City and the State must figure out a way to work together and with continuity through administrations to ensure that the vitality of the New York Tech economy is preserved for future generations as well as those who are already entrenched in its hairs. The key success factor will be the ability to develop a true partnership with Amazon to facilitate measured expansion and growth. The City, the State, the residents of New York, and the tech community have ten years to figure out how to manage Amazon’s HQ2, which will have a profound effect on the City of New York for years to come. The clock just started ticking…"

  • I am excited about the possibilities for NY and the tech scene. Overall should be great.

    But the city and state certainly gave away the store.

  • We tried an experiment three weeks ago. We did not leave the house except to get mail. I ordered everything we needed from my iphone. Even my McDonald’s order was delivered. Amazon got 1/2 Wish got the other 1/2 of “stuff”. Walmart and Whole Foods brought groceries. Could have ordered meals to make

    We tried an experiment three weeks ago. We did not leave the house except to get mail. I ordered everything we needed from my iphone. Even my McDonald’s order was delivered. Amazon got 1/2 Wish got the other 1/2 of “stuff”. Walmart and Whole Foods brought groceries. Could have ordered meals to make. My groomer came by to groom my dog. Sell all your stock in brick and mortar. All will be “Space for rent” like Sears in less than 5 years. Why do you think gasoline prices are falling. We don’t have to drive. More and more can do their job at home. What the hell have we done. I remember when we laughed at Amazon. Soon, they will control us. Sad.

  • What happens now