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Encyclopedia > Silicon Alley

Silicon Alley is a nickname for an area with a large concentration of Internet and new media companies in Manhattan, New York City. Originally, the term referred to the cluster of such companies extending from the Flatiron District down to SoHo and TriBeCa, but as location of these companies spread out, the term more often referred to any dot com company in New York City New Media is a relatively new field of study that has developed around cultural practices with the computer playing a central role as the medium for production, storage and distribution. ... The Borough of Manhattan, highlighted in yellow, lies between the East River and the Hudson River. ... Nickname: Big Apple Location in the state of New York Coordinates: Country United States State New York Boroughs Bronx (The Bronx) New York (Manhattan) Queens (Queens) Kings (Brooklyn) Richmond (Staten Island) Mayor Michael Bloomberg (R) Area    - City 1,214. ... The Flatiron District is a small area in midtown Manhattan named after the Flatiron Building. ... Soho is an area of central Londons West End in the borough the City of Westminster. ... Citigroups Global Corporate and Investment Bank has its headquarters in TriBeCa. ... A Dot-com company, or simply a dot-com, was any company that promoted itself as an Internet business during the Dot-com boom. ... Nickname: Big Apple Location in the state of New York Coordinates: Country United States State New York Boroughs Bronx (The Bronx) New York (Manhattan) Queens (Queens) Kings (Brooklyn) Richmond (Staten Island) Mayor Michael Bloomberg (R) Area    - City 1,214. ...


The term was in most common use in the late 1990s, when companies such as Razorfish, and Agency.com became local success stories with successful IPOs. The first publication to cover Silicon Alley was @NY, a pioneering online newsletter founded in the summer of 1995 by Tom Watson and Jason Chervokas. The first magazine to focus on the venture capital opportunities in Silicon Alley, AlleyCat News co founded by Anna Copeland Wheatley and Janet Stites, was launched in the fall of 1996. Courtney Pulitzer branched off from her @The Scene column with @NY and created Courtney Pulitzer's Cyber Scene and her popular networking events Cocktails with Courtney. Silicon Alley Reporter started publishing in October of 1996. It was founded by Jason Calacanis and was in business from 1996-2001. @NY, print magazines, and the attending media coverage by the larger New York press helped to popularize both the name, and the idea of New York City as a dot-com center. In 1997, over 200 members and leaders of Silicon Alley joined NYC entrepreneur, Andrew Rasiej to help wire Washington Irving High School to the Internet. This tremendous response and the Department of Education's growing need for technology integration marked the birth of MOUSE,an organization that today serves tens of thousands of underserved youth in schools in five states and over 20 countries. After the bubble burst, Silicon Alley Reporter was rebranded as Venture Reporter in September 2001 and eventually sold to Dow Jones. Self-financed AlleyCat News ceased publication in October 2001. See also 1990s, the band The 1990s decade refers to the years from 1990 to 1999, inclusive, sometimes informally including popular culture from the very late 1980s and from 2000 and beyond. ... The current version of the article or section reads like an advertisement. ... Agency. ... Wikipedia does not yet have an article with this exact name. ... There are at least four notable people called Tom Watson Tom Watson, the golfer Tom Watson, manager of Liverpool F.C. from 1896 to 1915 Tom Watson, the British politician Thomas E. Watson, the American Populist leader This is a disambiguation page — a navigational aid which lists other pages... Jason Chervokas is a veteran journalist, writer, commentator, entrepreneur and musician. ... The current version of the article or section reads like an advertisement. ... Silicon Alley Reporter was an American trade publication focused on New Yorks Silicon Alley. ... This article is being considered for deletion in accordance with Wikipedias deletion policy. ... 1996 (MCMXCVI) was a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ... 2001: A Space Odyssey. ... Dot-com (also dotcom or redundantly dot. ... Feral mouse A mouse (Plural mice) is a mammal that belongs to one of numerous species of small rodents. ...


The name is derived from Silicon Valley, California. A view of downtown San Jose, the self-proclaimed Capital of Silicon Valley. ... This article is becoming very long. ...

Contents

List of Dot-com Era Silicon Alley Companies

Company Founding Date Founder(s) Notes
@NY 1995 Tom Watson and Jason Chervokas Bought by Internet.com in 1999.
Afternic.com 1999 Chris Maroney and Jon Whelan Bought by Register.com in 2000 for $50 million. Backed by F&F.
Agency.com 1995 Chan Suh and Kyle Shannon Backed by EdVenture Ventures, Intel Capital and Seneca Investments. Bought by the Omnicom Group in 2003.
iTraffic 1995 Scott Heiferman Backed by Hudson Ventures.Sold to Agency.com in 1999 for $15 million
HotJobs.com 1997 Richard Johnson Went public in 1999. At peak had a $1.2B market cap. Sold to Yahoo! for $436M in 2002.
DoubleClick 1996 Kevin O'Connor and Dwight Merriman Backed by ABS Capital Partners, Bain Capital Ventures, Canaan Venture Partners, Capital One Ventures, Emergence Capital Partners, Greylock Management, Lightspeed Venture Partners, Thomas H. Lee Partners, Trans Cosmos USA, Venrock Associates and Weiss, Peck & Greer. Bought for $1.23 billion in April 2005 by Hellman & Friedman, JMI Equity Fund and Opus Capital.
Kozmo 1998 Joseph Park and Yong Kang Backed by Amazon.com, Amerindo Investment Advisors, Private Equity Group, Barksdale Group, The Carlyle Group, Chase H&Q, Investment Arm, Flatiron Partners, Greenfield Private Equity, Ingram Entertainment, J. & W. Seligman, J.P. Morgan Partners, Mobius Venture Capital, NeoCarta Ventures, NeoCarta Ventures, New York City Investment Fund, Oak Investment Partners, Sands Brothers Venture Capital, Semper Ventures, Softbank Investment Corporation, Thomas Weisel Partners Group and Triad Media Ventures. Never turning a profit, this startup was the largest investor backed failure in Silicon Alley history.
Mimeo.com 1998 Jeff Stewart Internet-based document printing and delivery. Venture investors include Draper Fisher Jurvetson, Draper Fisher Jurvetson Gotham, HarbourVest Partners and Hewlett-Packard.
MOUSE 1997 Andrew Rasiej and Sarah Holloway Today, MOUSE pioneers innovative school programs in support of its mission: to be a catalyst for the effective integration of technology in teaching and learning in urban public schools, empowering students and schools to succeed in today's knowledge-based economy.
Nerve 1996 Rufus Griscom and Genevieve Field
Oven Digital 1996 Miles McManus and Henry Bar-Levav
Promotions.com, Inc./Webstakes 1996 Steven Krein and Daniel Feldman Backed by Travelers/Citigroup Investments, Allen & Company, BigFlower Holdings, Invesco Private Capital, Weiss Peck & Greer, Stone Capital, [email protected] and NBC. IPO on Nasdaq in 1999 led by Bear Stearns, Thomas Weisel Partners, ING Barings and Wit Capital. Promotions.com reached a market cap of more than $500 million and in 2002 was sold to women's media company, iVillage (now owned by GE).
Pseudo 1996? Josh Harris
Razorfish 1995 Jeff Dachis, Craig Kanarick Eventually became SBI.Razorfish and then Avenue A/Razorfish, a subsidiary of aQuantive.
SiteSpecific 1995 Seth Goldstein
SquareEarth 1995 Jeff Stewart Pioneering Internet consulting firm who’s clients included Citibank, AIG, Merrell Lynch, Pepsi, Compaq, Pfizer, CIBC-Oppenheimer – Merger with the Proxicom 1998, IPO 1999.
Starmedia 1996 Fernando Espuelas and Jack Chen
T3 Media 1995 Chris Bryant and Michael Diamant
Silicon Alley Reporter 1996 Jason Calacanis
Flatiron Partners 1996 Jerry Colonna and Fred Wilson The venture capital firm has bet on startups such as Acurian, Alacra, Americanas.com, comScore Networks, eShare, FundQuest Incorporated, FusionOne, Geocities, IAN, iBiquity Digital, ITXC, MercadoLibre.com, New York Times Digital, PlanetOut, Return Path, SportsYa!, Standard Media International, Starmedia, and Submarino.com.
JumpCut 1996 Marc Scarpa Pioneering web 1.0 broadband video venture specializing in live internet broadcasting. Produced historical Townhall with President Clinton, Woodstock '99, Tibetan Freedom festivals and Mayor Rudolph Giuliani innaguration. Backed by Atlas Venture, Redwood Partners and Carthage Capital Group, this startup sold to Media Most and Getty Images in 2002.
Sonicnet Founded by Tim Nye, this start up was led to acquisition by Viacom under the leadership of alley veteran Nicholas Butterworth
Virtual Melanin 1995 McLean Mashingaidze-Greaves Acclaimed Brooklyn-based developed urban content with clients like Spike Lee and Sean "P-Diddy" Combs.
Word
Community Connect Omar Wasow Ethnic-oriented community websites, including BlackPlanet and AsianAvenue
Mail.com Online email service
iVillage Community for women
Linkshare Steven Messer Affiliate management company
Blink.com 1999 David Siegel, Christos Zoulas, Ross Garon Online bookmarking site, backed by Tudor Ventures and Sandler Capital
Upoc 1999 Gordon Gould, Alex Levine, Carlo Martino, Greg Clayman Backed by Allen & Company, Apax, Arts & Alliance.
Kizna 1999 Takeo Miyazawa, Yoichi Miyazawa, Feisal Afzal, Tetsuya Okada, Tomaso Poggio Backed by Crescendo Ventures.
Urbanfetch 1999 Ross Stevens, Mike Prindle, Fred Tausch Backed by VantagePoint Venture Partners.
First Tuesday 2000 Vincent Grimaldi, John Grossbart First Tuesday of New York - a monthly forum gathering 500 to 1000 venture capitalists and Silicon Alley entrepreneurs - was an initiative of law firm Sonnenschein and the Kellogg School of Management. Other corporate founders included Accenture (then Andersen Consulting), Alley Cat News, The Grimaldi Group, and Merrill Lynch.

1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ... There are at least four notable people called Tom Watson Tom Watson, the golfer Tom Watson, manager of Liverpool F.C. from 1896 to 1915 Tom Watson, the British politician Thomas E. Watson, the American Populist leader This is a disambiguation page — a navigational aid which lists other pages... Jason Chervokas is a veteran journalist, writer, commentator, entrepreneur and musician. ... JupiterMedia, Inc. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... Agency. ... 1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ... The Omnicom Group (NYSE: OMC) is the worlds largest advertising agency holding company in terms of revenue (number two is WPP Group plc). ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... Yahoo! - Wikipedia, the free encyclopedia /**/ @import /skins-1. ... DoubleClick. ... 1996 (MCMXCVI) was a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ... Bain Capital LLC is a Boston, Massachusetts-based private equity firm founded in 1984 by Mitt Romney, the current Governor of Massachusetts, and two other partners from Bain & Company, the consulting firm: T. Coleman Andrews and Eric Kriss. ... To meet Wikipedias quality standards and conform with our NPOV policy, this article or section may require cleanup. ... Kozmo. ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... Amazon. ... The Carlyle Group is a Washington, DC based global private equity investment firm with more than $18 billion of equity capital. ... Rufus Griscom is the founder and current CEO of Nerve. ... 1996 (MCMXCVI) was a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ... The current version of the article or section reads like an advertisement. ... aQuantive, Inc. ... Starmedia is a well known Latin American Internet brand, founded in March 1996 by Fernando Espuelas and Jack Chen as a part of the now defunct Starmedia Network. ... Silicon Alley Reporter was an American trade publication focused on New Yorks Silicon Alley. ... This article is being considered for deletion in accordance with Wikipedias deletion policy. ... Gerardo Luigi Colonna (September 17, 1904- November 21, 1986) was an Italian-American comedian and songwriter. ... Fred Wilson is a former politician in Ontario, Canada. ... JumpCut was founded in december of 1996 and reflected the culmination of its founder, Marc scarpa, work experience to date. ... Marc scarpa born september 25th 1969 in New York City is a pioneer in directing and producing live interactive media. ... Order: 42nd President Term of Office: January 20, 1993–January 20, 2001 Preceded by: George H. W. Bush Succeeded by: George W. Bush Date of birth: August 19, 1946 Place of birth: Hope, Arkansas Date of death: Place of death: First Lady: Hillary Rodham Clinton Political party: Democratic Vice... Woodstock 1999 was the second rock concert (after Woodstock 1994) that attempted to emulate the success of the original Woodstock concert of 1969. ... Rudolph William Louis Rudy Giuliani III, KBE (born May 28, 1944) served as the Mayor of New York City from January 1, 1994 through December 31, 2001. ... Atlas Venture is an international early-stage venture capital firm that invests in communications, information technology, and life sciences companies. ... Getty Images, Inc. ... For album titles with the same name, see 2002 (album). ... mail. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... The current version of the article or section reads like an advertisement. ... Urbanfetch was an Internet company founded in 1999 which enabled customers to order products (DVDs, music, books, snacks, gifts, etc. ... First Tuesday was a UK networking forum for technology entrepreneurs and venture capitalists, which flourished briefly during the dot-com era. ...

Web 2.0 Era Silicon Alley Companies

Gawker. ... A picture of a silver Spam Cube Spam Cube, Inc - is a high-tech startup company based in SoHo, New York City (also known as Silicon Alley) Spam Cube, Inc has created the worlds first anti-spam hardware gadget for home PCs. ...

Silicon Alley Organizations

  • AttentionTrust
  • New York New Media Association, a job-search network
  • World Wide Web Artists' Consortium
  • NextNY, a networking organization for Silicon Alley professionals
  • New York Angels Club
  • Silicon Alley Entrepreneur's Club
  • New York Software Industry Association

See also

The following is a list of places with Silicon names, that is, places whose names were (or seemed to be) inspired by the Silicon Valley nickname given to part of the San Francisco Bay Area: Brazilian Silicon Valley - Campinas, Brazil Cwm Silicon - Wales Mexican Silicon Valley - Jalisco, Mexico Silicon Valley... Producers Guild of America (PGA) is a trade organization representing the television and film producers in the United States. ...

External links

  • case report on the impact of Silicon Alley on the New York economy by the Diebold Institute

  Results from FactBites:
 
Silicon Alley - Wikipedia, the free encyclopedia (881 words)
Silicon Alley is a nickname for an area with a large concentration of Internet and new media companies in Manhattan, New York City.
The first publication to cover Silicon Alley was @NY, a pioneering online newsletter founded in the summer of 1995 by Tom Watson and Jason Chervokas.
The first magazine to focus on the venture capital opportunities in Silicon Alley, AlleyCat News co founded by Anna Copeland Wheatley and Janet Stites, was launched in the fall of 1996.
Silicon Alley Reporter Goes Under (765 words)
The Silicon Alley Reporter, a glossy magazine which symbolized the birth and giddy growth of the New York new media industry, is folding, publisher and owner Jason McCabe Calacanis confirmed Monday.
Unable to secure enough advertising to keep the Silicon Alley Reporter as a stand alone title, Calacanis told atNewYork the name of the magazine would be changed to Venture Reporter and that editorial coverage would shift beyond New York and the Internet.
The name Silicon Alley is not just a place, but a moment in time.
  More results at FactBites »

 
 

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