While green juice and chia pudding may dominate brunch in Silicon Valley, bagels are still king in New York. So on a frigid January morning, I ventured to the offices of Asymmetric Capital Partners to chat with some of the city’s top VCs about where the industry is headed in 2025 over a spread from Apollo, the upstart shop that earned a spot on a New York Times recent list of the city’s best bagels (and has no connection to the private equity firm, as far as I know).
It’s no surprise that VCs here are as proud of New York’s tech scene as they are of its breakfast traditions. Ben Sun, cofounder of Primary Venture Partners, recounted a familiar tale of starting his first company, a social media platform called Community Connect, in New York in the 1990s to the consternation of his friends in banking. “There was great talent here,” Sun said. “They just didn’t want to work in startups.”
