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New York had its share of startup investors and venture-backed companies, but it wasn't a hotbed of tech activity. After four years at the company, Wang left but chose to stay in New York to launch Bearworks, providing software to sales reps. In 2014, prior to the run of New York City IPOs, California was the leader, followed by Massachusetts and then New York. During the record fundraising year of 2021, New York startups received almost $50 billion across 1,935 companies. Northern California has long been the heartbeat of the tech industry, but Murat Bicer remembers what it was like for New York startups before the rush.
Persons: Olivier Pomel, Albert Wang, Datadog, Wang, UiPath, they've, San Francisco's OpenAI, Murat Bicer, Bicer, Datadog's, Pomel Organizations: Datadog, Big Apple, Nasdaq, National Venture Capital Association . Massachusetts, ChatGPT, Investors, Bay, RTP Ventures, RTP, Boston, Index Ventures, New York Times Locations: San Francisco, New York, Boston, Datadog, York, San Francisco Bay, East Coast, Yorkers, , New York, California, New York City IPOs , California, Massachusetts, San Francisco's, PitchBook . Northern California, Silicon Valley, West, West Coast, Europe, Pomel
Iterable's former CEO Justin Zhu said he was removed due to racial bias, not his use of LSD in 2019. "The 'LSD CEO' label is deliberate, but it's a wrong characterization," Zhu told Insider. "While Andrew is half Asian American, I don't think his experiences — better, worse and similar — change what I went through," Zhu told Insider. One particularly tense encounter with investors took place in June 2020, Zhu told Insider, during an unusual meeting in person during the early months of the COVID-19 pandemic. Zhu's attorney, Charles Jung, told Insider that the goal of the lawsuit was to shed light on legal protections that allow workers to report their experiences of bias.
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