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Guide to the LA Startup Community

SoCal Delicious

Southern California companies are second to only Silicon Valley in raising venture capital , there are three major universities to recruit talent – UCLA, Caltech, and USC – and a thriving startup community to mingle with. MySpace is one of the world’s largest social networks, with about 125 million users.

Guide 42
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VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

With open source software (LAMP stack) and cloud computing infrastructure it just wasn’t that expensive to get your company going and founders just wanted to raise less money. So they set up seed programs that allowed for rapid decisions for $500k or less, often done as convertible debt for both speed and cost reasons.