Been There, Done That?
I'll admit it: the new Silicon Alley Insider slipped beneath my vacationing, blogging, media-obsessed radar since its beta launch a month ago. And I have to be honest. I don't think in terms of "Silicon Alley" any more, and don't know too many people who do. There's an archaic, historic quality to the term and it goes nicely mixed with two full jiggers of "back in the day" around the better media watering holes.
Silicon Alley Insider. That was me about a decade ago. I was described as exactly that many a time, and I remember it all moderately well.
Feverishly tracking mezzanine rounds while swilling free booze and picking at massive sushi boat centerpieces while girls danced in cages to the sounds of third-rate Moby knock-offs and hungry headhunters, pr guys, and investment bankers circled the silicon slam dance just waiting for the moment when a bunch of money-sucking startups led by guys who kept their dogs in the office started to throw off cash.
In other words, that was then. That ain't now. Web 2.0 and the ever-churning media circus of New York does nothing to capture that scene, which was powered by art as much as money, by driven free-wheeling invention and the knowing waste of overcapitalization by leering, good-time trust-funders and hungry bridge and tunnel kids.
Still, Kevin Ryan's new venture proceeds from a feeling that New York's wired and entrepreneurial community is under-represented in a world that makes Michael Arrington relevant. He may be right. And he's got some interesting partners: investor Dwight Merriman,and former Forbes scribes Dan Frommer and Peter Kafka. And who better to report on the post-Henry Blodget era in technology than Henry Blodget himself - he of former cheerleading Prudential analyst days, more lately a quieter, more thoughtful analyst.
I have some advice, fellas - having co-created the original Silicon Alley insider with Jason Chervokas in 1995. A wire service of deals and hirings involving New York new media companies large and small won't cut it. Nobody needs TechCrunch East. We don't have the deal-flow, to be honest about it. But we do have the brains, and we do have the advertising. Go for personality, go for analysis, go for the jugular. Or people won't care.
Poke a few holes in business plans. Question a few financings. Rattle some cages in midtown and find some under-capitalized talent out in Brooklyn or the South Bronx or Hoboken. Tell me what the kids are doing, what the artists think. Tell me something new. I want a reason to get exited about new media in this town. Give it me, and I'll keep you guys around the feed reader forever.





"That was me about a decade ago."
Hey, Tom, that's a nice article. Can't believe you didn't tell me about at the time: especially since I was at that event.
"In other words, that was then. That ain't now."
I think you mean: "That was then. Now is today."
Posted by: Tom K | August 23, 2007 at 03:19 PM
Yeah I forgot, you know how the decades slip by...ask me no questions, and I'll tell you no lies.
Posted by: Tom W. | August 23, 2007 at 03:26 PM
i absolutely hate the term silicon alley.
it reeks of "wanna be"
you aren't ever going to be anything interesting if you want to be something else.
fred
Posted by: fred wilson | August 23, 2007 at 06:37 PM
I never liked it, accepted it reluctantly, and always felt stupid explaining it - "no Alley, without the V, you know, Silicon Alley."
New York has a better ring.
Posted by: Tom W. | August 23, 2007 at 07:47 PM