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Silicon Alley 100

New York City had a break out year in 2011, riding a wave of tech enthusiasm to heights it’s never seen before.

Right now, New York, or as it’s often called, Silicon Alley, is home to one company with a billion dollar valuation — Gilt Groupe — and 28 others with valuations of $100 million or over.

Despite a weakening stock market, and deep fundamental problems with the economy, this time next year we expect more billion dollar companies in New York.

But, before we get ahead of ourselves, let’s take some time to look back at the fantastic year that was.

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