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Boston trailing NYC in number of online-based firms

Survey finds fewer online-based firms

By Hiawatha Bray

 |  Globe Staff  

  January 30, 2012

In the race to build a local sector of innovative Internet companies, Boston and New York City are both growing fast - but a new survey says New York, with twice the number of digital companies and a much larger base of venture funding, is bound to pull even further ahead in the years to come. Created by the executive search firm Cook Associates, the survey tracks the growth of companies devoted entirely to Internet-related activities, excluding digital operations at traditional businesses like TV networks and book publishers.

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