Hyphen-tech – a trend that bodes well for London and New York

I just came across the concept of ‘hyphen-tcch‘:

the numerous sub-sections of startups that align themselves with various industries: fintech, fashiontech, mediatech, and so forth

I think this is the big opportunity right now that much of the pure play internet opportunities are behind and explains why many of Forward Partners’ investments are pushing the internet out into the four corners of the commerce. Recent examples include Appear Here (property), Thread (fashion), Zopa (finance), Live Better With (health) and Patch (homewares). In all these cases the founders have to work closely with existing players in their industries making ‘hyphen-tech’ a good name.

London and New York are good places to build these businesses because we combine strong startup ecosystems with world leading financial services, fashion, media and so on.