In addition to advice, investors like I-Hatch and Rare Medium _ a Web development firm with a venture capital arm _ are setting up " incubators " where very young companies can receive office space and technical services in return for equity stakes.
22.
"My impression is that Silicon Alley started in the Flatiron area and Wall Street was added later, " said Joshua Glantz, the director of business development at Rare Medium, an interactive advertising agency that has 15, 000 square feet at 44 West 18th St.
23.
Betty Crocker's foray onto the Internet was created by General Mills and Rare Medium Inc ., an interactive agency in New York that has produced another site for the company centered on children's cereals ( http : / / www . youruleschool . com ).
24.
The high water mark for pricing was recently set by ICC Technologies, a Hatboro, Pa ., maker of humidity-control systems, which recently moved onto the Internet by buying Rare Medium, a small New York agency, for $ 45 million, more than 11 times its revenues.
25.
"It's an entirely different culture, entirely different expectations, " said Ben Clemens, who left his job in August as director of information architecture at Rare Medium, a Internet consulting firm in New York, when the company shifted away from Web site design toward more technical systems integration projects.
26.
"We did lots of online research on what the competition was doing, " said Glenn Meyers, chairman, president and chief executive at Rare Medium, which has also worked on Web and online projects for clients like AT & T Corp ., Microsoft Corp ., Procter & Gamble Co . and Viacom Inc.
27.
"We did lots of online research on what the competition was doing, " said Glenn Meyers, chairman, president and chief executive at Rare Medium, which has also worked on Web and online projects for clients like AT & AMP; T Corp ., Microsoft Corp ., Procter & AMP; Gamble Co . and Viacom Inc.