Who’s Who in the Alley and the Valley [Interactive Infographic]

For decades, Silicon Valley has been synonymous with innovation. It is difficult to dispute this claim given that it’s the home to technology and Internet giants such as Apple, Google, and Facebook. While it hasn’t lost its staying power, other hotspots for entrepreneurship and technology have emerged over the past ten years, in particular, New York’s “Silicon Alley”.

Although cities like Chicago, Austin, and even our own Research Triangle have produced a number of web-based businesses in recent years, New York’s startup scene is growing exponentially. The amount of capital and seed funding continues to rise as well as the success of local companies like foursquare, Gilt Groupe, and Tumblr. The city’s ecosystem also has the support of Mayor Michael Bloomberg, who recently appointed Rachel Sterne as the city’s Chief Digital Officer along with Steve Rosenbaum, the city’s first Entrepreneur at Large.

There’s no shortage of debates in the blogosphere as to whether one coast has the advantage over the other. Regardless of what side you’re on, many would agree that there’s no better time to be an entrepreneur. Organizations and incubators like the Young Entrepreneur Council (YEC), Startup America, Y-Combinator and Tech Stars are providing an unprecedented level of resources and support. In a recent TIME article, the YEC’s Scott Gerber even posited 2012 as “The Year of the Entrepreneur”.

Interested in seeing the growth that has been present on both coasts over the last 5 years? Interact with the graphic below to explore some noteworthy companies in both Silicon Valley and Silicon Alley, quotes from stakeholders, as well as the rise in Seed Funding from 2009-2011.

 

Silicon Valley & Alley - MBA@UNC
Via MBA@UNC: Online MBA

Read More

Warren Buffett: Don’t Believe the Pre-IPO Social Media Hype

Warren Buffett

Few billionaires have displayed the forward-thinking and sound ideology that Warren Buffett has demonstrated over the last 4 decades. He knows money, knows investments, and has an eye for companies’ successes and potentials. With so much hype being thrown at social media sites like Facebook, Twitter, and GroupOn ahead of possible IPOs, he warns investors that values may be inflated.

“Most of them will be overpriced,” Buffett said Friday in New Delhi. ”It’s extremely difficult to value social- networking-site companies. Some will be huge winners, which will make up for the rest.”

(more…)

Read More

Stop Annoying Your Followers – Try Buffer

Soshable Guest

Without doubt, Twitter has become the most powerful tool to market your content online. The highly targeted traffic of savvy users you get from Twitter and the engagement and feedback from your followers in return for your Tweets make it invaluable for you and your brand. However, one of the drawbacks for me is to get my tweeting to a consistency, without annoying my followers with too many back to back tweets.

(more…)

Read More