I agree with the general push of the article, that we should get back to admiring entrepreneurs rather than VCs, but I have to admit, NYC doesn't do a great job of welcoming entrepreneurship. NYC is an extremely expensive place for a company with little to no revenue, considering wages and rent are so high. I also haven't heard of any tech incubators here either (there might be, so please correct me if I've missed them). A startup could easily grow 3 hours North in Albany with half the early-phase burn rate and have access to both the NYC and Boston VC pools.