Lack of major liquidity events constrains the New York tech ecosystem
Jack Groetzinger · 20VC: Why Every Startup Will Either Fail or Rebrand, How To Do OKRs The Right Way & How To Know The Reversible From the Irreversible Mistakes with Jack Groetzinger, Founder & CEO @ SeatGeek · Jun 1, 2018 · at 17:57
Jack Groetzinger is the founder and CEO of SeatGeek. He addresses the key structural drawbacks of hiring tech talent in New York City relative to Silicon Valley.
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“The challenge, of course, the flip side of that is just the total pool of people is smaller. Even more specifically, there haven't been that many really big liquidity events, you know, sort of Google-style companies. Equity events that spin off a bunch of people with a lot of capital other than doing their own startups, which definitely constrains things a bit here in New York.”
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