East Coast Gravity: Why Venture Capital is Consolidating in New York City

While Silicon Valley historically commanded over half of all US venture capital, New York City quietly captured 18% of total domestic startup investment last year, securing its position as an unavoidable gravity well for tech capital. This shift represents a structural realignment of where enterprise software and financial technology companies choose to scale. The upcoming return of StrictlyVC to Manhattan on September 10 serves as a marker for this geographic redistribution of wealth and talent.

The geographic concentration of venture