The New York Venture Scene is Rocking!

As both an active angel investor and entrepreneur, I can say one thing for sure: macroeconomic woes aside, the New York early-stage investment scene is vibrant, exciting, and full of possibilities. I have seen more interesting deals with strong business models than any time over the past three years: deal quality is just getting better. And the kinds of deals I've been seeing and working on have been concentrated in four key sectors: digital media, social media, gaming and financial technology. What I can say is that video is booming; monetizing the wonder that is Facebook is only picking up steam; the dedication, passion and monies spent by gamers is getting increased attention; and that making money from those with money is a time-honored passion and one that is a key focus in today's market.

I'll write more shortly about my own personal investment activities, but I felt compelled to share my perceptions of what is going on across Silicon Alley. The energy spanning the New York venture scene is palpable. I am excited to see it continue and pick up momentum. I'd love to hear about what you're seeing as well.