Tech:NYC Digest: October 28

Tech:NYC Digest: October 28

October 28, 2022 • Estimated Reading Time: 4 minutes

Friday, October 28, 2022 

We’re back with another “Friday Five” roundup of our top stories in New York tech. Have a great weekend! (PS: early voting in New York’s general election begins tomorrow! Make sure you have a plan to vote!)

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What’s the Salary? NYC Can No Longer Be Kept in the Dark (New York Times)

  • The pay transparency law goes into effect on Tuesday, and several finance and tech companies in the city have already updated their job postings to be in compliance. (Related: Tech:NYC is hosting an in-person briefing on Nov. 3 to discuss what comes next following the effective date, with Carta general counsel April Lindauer. If you’re an HR lead at a NYC tech company, you can request an invite here.)

Carbon Direct just hired its first head of climate justice. Here’s why that matters. (Protocol)

  • Carbon removal is still a nascent area of research that relies largely on tech fixes; the externalities on communities are a lot less known. That’s why the carbon management firm and software provider hired former NASA climate scientist Christian Braneon for the role, signaling to the rest of the industry that scaling equitably is just as important as scaling fast.

Collide Capital Raises Debut Fund with Backing from Amazon, Alphabet, and Twitter (Forbes)

  • The $66 million VC fund is the first to be simultaneously backed by the three tech giants, and founders Aaron Samuels, who co-founded AfroTech, and Brian Hollins, who is a founding board member of BLCK VC, say it will be focused on sourcing deals to better support “undernetworked talent.”

On Car-Free Streets, Many New York Restaurants Thrived (New York Times)

  • NYC Dept. of Transportation commissioner Ydanis Rodriguez released a report tallying more than 12,000 restaurants and bars that participated in the Open Restaurants program, an initiative that grew out of the city’s pandemic-era Open Streets program. In five neighborhoods, total taxable revenue from Open Streets restaurants was 19% higher than the average for the three years preceding the pandemic.

The New York Burritos That Sell Out in Two Minutes (Grub Street)

  • It’s a quintessential New York story: Burritos delivered from a makeshift to-go window during the pandemic — a metal bucket attached to a rope for from a third-floor fire escape — is getting its official stall in a Chelsea food stall.

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