John Borthwick and his investment company
Betaworks made news last week by acquiring
Instapaper, a popular read-it-later app. However, he's not just looking for companies that are situating themselves on the virtual plane. Instead, he recommends entrepreneurs seriously consider New York as a launch spot, especially if they're in the media, ad, or hardware game.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/P2_JS41spDk/
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