Study: NYC gains on Silicon Valley as a tech-startup center

The IT industry is growing faster in New York City compared with anywhere else in the U.S., and the city is gaining on Silicon Valley as a center for tech startups, according to a Center for an Urban Future study. Venture capital deals increased by 32% in New York between 2007 and 2011, compared with a decrease of 10% nationwide.

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New York s Tech Industry Tops U.S. in Growth, Study Finds - New York Times (tiered subscription model), The

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