Some awesome news today out of New York City! Mayor Bloomberg is announcing a partnership with coworking spaces and others to bring investment and publicity to startups here in NYC. Tony’s currently mum on details, but he’s posted this.
Before the official announcement, it’s being reported by The NYTimes and several others:
From CNET:
According to a source in the city’s venture capital community, the agreement means that participating workspaces will provide discounted services and event space access to the city in exchange for promotion and publicity.
The source said that initial partners in the agreement include Sunshine Suites, Nutopia, and New Work City, among others.
From the NYTimes:
Under a program Mayor Michael R. Bloomberg unveiled on Wednesday, the city wants to invest $45 million in government money to retrain investment bankers, traders and others who have lost jobs on Wall Street, as well as provide seed capital and office space for new businesses those laid-off bankers might create.
The Wall Street Journal how young people (“millennials”, a word that I still think refers to a flower) are changing our relationship to work:
If employers fail to provide the opportunities and rewards millennials seek, he says, they’re likely to drop out of the corporate world as he did and become entrepreneurs. “We get stifled when we’re offered single-dimensional jobs,” he says. “We are multi-dimensional people living and working in a multi-dimensional world.”
The NYT describes a movement of community news, driven by groups of independent journalists who are dissatisfied by the shrinking newspaper industry:
Here it is VoiceofSanDiego.org, offering a brand of serious, original reporting by professional journalists — the province of the traditional media, but at a much lower cost of doing business. Since it began in 2005, similar operations have cropped up in New Haven, the Twin Cities, Seattle, St. Louis and Chicago. More are on the way.
Article here.
The News Tribune (via Suite133)
“It was like a miracle from heaven. It gave me the opportunity to have a place that I could land,” Giguere said. “It fits how I like to do business. I want to be casual. And clients think it’s kind of cool.”