As Next Web shared the inside story of the New York City expansion of University City incubator DreamIt Ventures, after DreamIt graduated its first 15 startups from the New York accelerator this week:
[Kerry] Rupp says DreamIt was already planning an expansion to New York City after noting that 12 of DreamIt’s 36 alumni companies were based there. “Our alumni came to us and said New York needs you. You could provide a lot of value here. But the clincher was that they said, ‘And we’ll help you,'” explains Rupp.
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