Why the tech boom could only have happened in New York City

 Why the tech boom could only have happened in New York City

There is no consistent theme or focus among city startups, technology investor Charlie O’Donnell said—except for one.

“These are founders and workers who want to be in New York,” said O’Donnell, who runs early-stage-investment firm Brooklyn Bridge Ventures and is a longtime booster for the city’s tech scene.

New York has become the second-largest U.S. technology market outside Silicon Valley, he said, because it is home to a wide range of talents and expertise.

That’s driven in part by historic strengths in finance, marketing and health care. People from those industries have launched successful technology companies that address problems in their sector.

Gary Hoberman spent two decades in finance, rising to become chief information officer at MetLife, before founding his startup: Unqork.

Now valued at more than $2 billion by Goldman Sachs and other investors, Unqork provides no-code software that banks and governments can easily…

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