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The NY Tech Mixer Thrives As An Underground Hotbed for Startups with Over 1,000 Entrepreneurs

The NY Tech Mixer Thrives As An Underground Hotbed for Startups with Over 1,000 Entrepreneurs

New York, NY (PRWEB) December 21, 2010

While most of New York’s economy was devastated by the financial crisis, the city’s technology industry has been surprisingly resilient. In many ways, the financial crisis has actually been a boon to the industry in driving a flood of entrepreneurialism and talent from Wall Street. The emergence of the industry is nowhere more apparent than in startups like Foursquare, Gilt, Clickable, Yodle, and Etsy, which have all grown to become hundred million dollar companies in only a few years. Silicon Valley titans like Google, Facebook, and Yahoo! have noticed and are actively growing their New York offices.

While studies show that entrepreneurship thrives in economic downturns, a major factor contributing to New York City’s growth is the proliferation of informal gatherings and support networks for entrepreneurs. The New York Tech Mixer, a professionals group for technology entrepreneurs, is a leading example of a network for entrepreneurs that has sprouted up and rapidly grown over the past year. The group was informally started by entrepreneurs who regularly met up for drinks with other technology professionals. In less than six months, the group grew to over 1,000 members with the founders featured on the New York Times and

The New York Tech Mixer now runs monthly events called “Demos and Drinks” where entrepreneurs provide demonstrations of newly launched websites to eager audiences. The group’s last event had 500 attendees flooding out the doors of the Metronome night club. The next event in January is expected to have an even larger turnout, and features support from the FinTech Innovation Lab, a startup incubation program run by the New York City Investment Fund and Accenture. Maria Gotsch, the president and CEO of NYCIF, will be presenting an overview of the program, which is aimed at promoting entrepreneurship in the finance sector. Additionally, a set of New York’s most promising entrepreneurs will be demonstrating their new websites including Adriano Blanaru of, Ryan Charles of, Eric Roach of, Trevor Sumner of, and Cheryl Yeoh of

The fast growth of the New York Tech Mixer has already attracted sponsorships from Hewlett-Packard, Microsoft, and local technology companies such as FirstTrade and Amerindia Technologies. The group has also developed a news blog,, which is solely focused on covering news related to the New York technology industry. The founders of the New York Tech Mixer are excited about the future of the organization, which they run as a non-profit organization in addition to their day jobs. As the organization rapidly approaches 2,000 members, it promises to be a major benefit to the NY tech and entrepreneurship community.

Learn more about the New York Tech Mixer at Their next event will be held on January 18th, 2011. For more information, contact the organizers at nytechmixer(at)gmail(dot)com.

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