Picking the right location to launch a startup is an important and daunting decision.
Entrepreneurs have traditionally swarmed to Silicon Valley to kick off their companies.
But according to Business Insider, entrepreneurs are starting to think beyond the Golden State.
New York City is top on the list of alternatives. For one, it's a fashion and finance hub.
It has an incredible pool of talent, is far more open to women, and has plenty of venture capital .