Silicon Alley is a nickname for an area with a large concentration of Internet and new media companies in Manhattan, New York City. The Internet is a global system of interconnected Computer networks New media is a term meant to encompass the emergence of Digital, Computerized or Networked information and communication technologies Manhattan Island, in New York Harbor, is much the largest part of the Borough of Manhattan, one of the Five Boroughs which form the City of New York The City of New York Originally, the term referred to the cluster of such companies extending from the Flatiron District down to SoHo and TriBeCa, but as the location of these companies spread out, it became a general term referring to the dot com industry in New York City as a whole. The Flatiron District is a small neighborhood in the New York City borough of Manhattan, named after the Flatiron Building at 23rd Street This article is about an area of Manhattan, New York City. For the area in London UK see Soho. TriBeCa is a Neighborhood in Lower Manhattan, New York in the United States. A Dot-com company, or simply a dot-com, is a company that does most of its business on the Internet, usually through a Website that uses the popular The City of New York
The term was in most common use in the late 1990s, when companies such as Agency.com, Razorfish, Medscape, and The Mining Company (now About.com), became local success stories with successful private buyouts or IPOs. The 1990s collectively refers to the years between and including 1990 and 1999 Agencycom is an interactive marketing agency based in New York City with offices worldwide Avenue A | Razorfish Inc is one of the world's largest interactive agencies and is an operating unit of Seattle-based AQuantive, a wholly owned subsidiary of Medscape is a web resource for physicians and other health professionals Aboutcom is an online source for original information and advice and is among the top 15 US Websites ( Nielsen Online Spring 2008 Initial public offering (IPO, also referred to simply as a "public offering" is when a company issues Common stock or shares to the public for the first
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. Tom Watson (born February 21, 1962 in Yonkers, New York) is an American journalist entrepreneur and blogger Jason Chervokas is a veteran journalist writer commentator entrepreneur and musician 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. Silicon Alley Reporter was an American Trade publication focused on New York's Silicon Alley. It was founded by Jason Calacanis and was in business from 1996-2001. Jason McCabe Calacanis (born November 28, 1970 in Bay Ridge Brooklyn, Brooklyn, New York) is a Greek-Irish American Internet entrepreneur Year 1996 ( MCMXCVI) was a Leap year starting on Monday (link will display full 1996 Gregorian calendar) Year 2001 ( MMI) was a Common year starting on Monday according to the Gregorian calendar. @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 entrepreneurs, Andrew Rasiej and Cecilia Pagkalinawan 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. A mouse (plural mice) is a small Animal that belongs to one 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.
A couple of years after the internet bust, Silicon Alley began making its comeback with the help of NY Tech meetup and NextNY. Since then Silicon Alley has slowly and steadily been inching up to take its respected place among world innovation centers. With internet advertising and video becoming a major internet commodity, New York with its concentration of ad agencies and media organizations has positioned itself to once again take center stage. As a result, since 2003 Silicon Alley has seen a steady growth in the number of start-ups. As of 2007 Google's second largest office is located in New York as well as major online advertising and media companies such as Eyeblaster,DoubleClick, Roo and meetup. com
The name is derived from Silicon Valley, California. For the valley nicknamed "Silicone Valley" see San Fernando Valley. California ( is a US state on the West Coast of the United States, along the Pacific Ocean.
See also
External links
- case report on the impact of Silicon Alley on the New York economy by the Diebold Institute
- [1] New York Times article about Silicon Alley March 12, 2006. 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
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