Silicon Alley : the rise and fall of a new media district / Michael Indergaard.

Format:

Book

Author/Creator:

Indergaard, Michael, 1956-

Contributor:

Bernard W. Freeman Book Fund.

Language:

English

Subjects (All):

Internet industry--New York (State)--New York.

Internet industry.

High technology industries--New York (State)--New York.

High technology industries.

Internet.

Electronic commerce.

New York (State)--New York.

Physical Description:

xv, 219 pages : illustrations ; 24 cm

Place of Publication:

New York : Routledge, 2004.

Summary:

Fueled by digital technology, edgy creativity, and fast money, new media burst onto the scene as the hot industry that would take New York into a "new" economy in the 1990s. Awash in new media jobs and images, the city itself seemed to morph as a horde of start-ups gentrified old neighborhoods. Venture capitalists and other promoters trumpeted the rise of a new kind of firm, while "technobohemians" and business types alike reinvented themselves as players in the "deal flow." But buzz proved to be a two-edged sword as waves of investment reduced the urge to create profits. The ensuing crash incinerated the new media's paper wealth, laying bare its dependence on New York's old engines: Wall Street, real estate, and the mass media. As new media dreams were dashed, these powers began picking up the pieces -- until the Trade Center attack put an end to the era, forcing us to imagine again the twenty-first century city. Chronicling the go-go years of the new media district from beginning to end, Silicon Alley is a brilliant account of a memorable era and a cautionary tale about the danger in mixing buzz with the (not-so) smart money.

Contents:

Who Were the New Media People and Why Did They Believe?

Making and Selling a New Media District

Capital and Credibility: Hooking Up With Wall Street

Taking New York Into a "New" Economy?

Over the River and Through the 'Hoods

Silicon Alley Unplugged

Creativity Unbound (and Reframed?).

Notes:

Includes bibliographical references (pages 189-210) and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the Bernard W. Freeman Book Fund.

ISBN:

0415935709

0415935717

OCLC:

52418236

Online:

Publisher description