A View From The Catbird Seat [Dec. 27, 2013]
By Jay Batson
This year I switched from an active operating role as founder of Acquia to being a mentor and angel investor in early-stage startups. Between helping companies via Techstars, MassChallenge, and random introductions, I’ve tried to lend a helping hand to many, many dozens of companies this year. Which means I’ve gained a rare place among those who can see the local tech ecosystem from a high perch, and I have a couple of thoughts about our tech culture.
The growth in the number of startups in Boston since I founded Acquia in 2007 has increased phenomenally, and I see no end in sight. Credit what you wish – the emergence of AWS, the "Lean Startup," or the growth in angel capital – the result is that Boston is no longer only the birthplace of old mini-computer or networking companies. Rather, it has re-energized into a full startup ecosystem. These startups have created thousands of jobs in the city, and I’m really happy with where our tech community is at.
It’s particularly exciting to see the vast bulk of these companies locating themselves within half a mile of the Red Line, stretching from Davis Square to the Broadway stop in South Boston. Notably, unless they are in the Cambridge Innovation Center, most startups are no longer in Kendall Square, which has become the home of Big Companies. It’s great; I can bike from company to company in 10 minutes, making it the most geographically concentrated tech center in the country. (Thanks to the City of Boston’s Nicole Freedman for making Boston so bikeable!)
This extended “Red Line Tech Corridor” is what I think Boston will become known for, eclipsing the “128 Corridor." I don’t see this stopping in 2014, and predict most startups will rent office space in the Leather District, Downtown Crossing, Chinatown, or the A St. end of South Boston. (Rents in the Innovation District have quickly gotten too high for startups!) But this concentration in the historic downtown area will only happen if the buildings are updated with credible, fiber-based high-speed Internet. Amazingly, a ton of startup-priced vacant office space in these areas simply does not have fast network access. If the new Mayor wants a meaty, high-impact problem to tackle early in his new administration, here it is. This state of connectivity is embarrassing for the city.