Maria Teresa Cometto

“New opportunities for New York as a high-tech hub are related to the evolution of the Internet, according to Chris Dixon: “Imagine the Internet as a house. The first phase— laying the foundation, the bricks—happened in the ‘90s. No wonder that Boston and California, heavy tech places with MIT and Stanford, dominated the scene at that time. The house has been built, now it’s more about interior design. Many interesting, recent companies haven’t been started by technologists but by design and product-oriented people, which has helped New York a lot. New York City has always been a consumer media kind of city, and the Internet is in need of those kinds of skills now. Actually, when I say design, it’s more about product-focused people. I’d put Facebook in that category. Everything requires engineers, but unlike Google, their breakthrough was not as scientific. It was a well-designed product that people liked to use. Google had a significant scientific breakthrough with their search algorithm. That’s not what drives Facebook. In The Social Network movie, when they write equations on the wall that’s just not what it is, it’s not about that. Every company has engineering problems, but Facebook is product-design driven.”
― Maria Teresa Cometto, Tech and the City: The Making of New York's Startup Community

“But Bloomberg still talks about it as the lucky break of his career. “After all, losing a job can be a golden opportunity to start your own business. (Thank you very much, Salomon Brothers),” said the Mayor in his speech to the Economic Club of New York on March 23, 2009, at the height of the great recession (lasting from December 2007 to June 2009, according to official statistics of the National Bureau of Economic Research). He explained how his administration intended to overcome the crisis by encouraging the entrepreneurial spirit of the City, with many new initiatives to attract “the best and brightest” brains and help them build their startups.[13]”
― Maria Teresa Cometto, Tech and the City: The Making of New York's Startup Community