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The NY Tech Sceneby Ilan Abehassera (@ilan)Founder and CEO, Producteev.com
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Who am I?
1980 2004 2005 2007 2008 Present2006
producteev
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5 Reasons the NYC Startup Scene Changed
5
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1. Access to Capital
3y ago it wasn’t possible to raise a series A in NYC
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2. Anchor Companies
Those companies have raised hundreds of millions, and stayed in NYC
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3. Increased ease of Development
Tumblr and Instapaper : small product team
AWS Ruby Twilio Stripe
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4. Focus on end-user applications
NYC is a city of
actual consumers
Twitter’s most active city : NYC
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5. Public initiatives
Mayor Bloomberg sees the Internet space as NYC’s next big industry
NY Tech Campus
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Trends in NY Tech
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New commerce models
The big guys
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New commerce models
Subscription based e-commerce
Birchbox Barkbox
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New commerce models
E-Commerce curation
TheFancy.com
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New commerce models
Flash Sales
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Jobs 2.0
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Adtech
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Getting people off the web
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Education
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Publishing 2.0
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Creative
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The Fab.com Success Story
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Started by Jason Goldberg, former CEO of
SocialMedian, acquired by Xing
Design focused flash sales
Design Oriented E-Commerce
`Started as a social network for gay people (mother of all pivots)
Optimizing all acquisition channels : social, mobile...
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Unbelievable metrics
3M members
Launched 9 months ago
1M products sold to date
Acquired german clone : Casacanda
40% of its traffic : mobile logins
50% of its traffic coming from Facebook : Social Commerce at its best
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Typical NY Success
Fashion
Creative
Design
E-Commerce
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Twitter : @ilanproducteev.com
Credits go to Fred Wilson, Elad Gil for their articles on the NY Tech Scene in the past years
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