Headquartered in Manhattan, NewGothamVC is positioned strategically to take advantage of the opportunities outlined below.

First, many of the likely future leaders in Internet-television convergence are located in New York:

• Four of the top ten newspaper companies;
• Fifteen of the fifty largest media companies;
• 4,000 new media companies (with combined 2002 revenues of $3.8 billion).

Second, many of the companies with most at stake in the emergence of new online exchanges and marketplaces are in New York:

• More Fortune 1000 companies are headquartered in New York than any other city;
• AMEX, NYSE and NASDAQ;
• Thought leaders like Priceline.com.

Third, New York is the global capital of the advertising industry:

• 1998 billings for New York-based ad agencies were $11,830.80;
• Ten of the top fifty-six national advertisers in 1998;
• The two leading online ad management firms, DoubleClick and 24/7;
• New York is second only to San Francisco as a center for design firms that create online ads.