the way I look at it is that engineers fall into 2 categories, the startup guys who want to take a risk with a new company and corporate guys who want a big name on their resume.<p>NYC is filled with nothing but the latter. Noone wants to take a risk here. They all want to work at your Goldman Sachs and Citigroups.<p>Calling NYC a tech hub is insane, sure there is a # of people here who dabble in tech...but that's just a numbers game, NYC is one of the largest cities in the world. But percentage wise? Austin TX probably has a better ratio than NYC.