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Lee Schneider: How Los Angeles Became A Startup Town

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Lee Schneider is the author of a new book, Chronicle of a Startup Town: Los Angeles , which delves into the people and reasons on why Los Angeles has become one of the epicenters of the startup and technology industry. Why did you decide to write the book? Any personal lessons learned from writing this book?

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Report: Fidelity Writes Down Investment in Snapchat

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A report Tuesday in the Financial Times said that investment giant Fidelity has written its investment in Los Angeles-based Snapchat by 25 percent, citing data from a Morningstar report. Snapchat--arguably, the most visible "unicorn" startup in Southern California--had been valued at $15 billion in its last fundraising round.

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Luxury Presence Finds $5.4M For Real Estate Marketing Services

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Los Angeles-based Luxury Presence , a new startup which provides websites and digital marketing services to real estate agents, has raised $5.4M Luxury Presence says it also offers up services for lead generation, managed SEO, managed Instagram, copy writing, and video production. in a funding round, according to the company.

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IMAX Shutters Virtual Reality Effort, Flagship LA VR Location

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Big screen movie theater operator IMAX is shutting down all of its virtual reality theater locations, including its flagship location in Los Angeles, the company said in a regulatory filing on Thursday--not a good sign for companies hoping to make location-based virtual reality a business. million in its fourth quarter of 2018.

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Paige Craig Ventures Into Scripted

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Los Angeles-based angel investor Paige Craig is one of the investors in Scripted.com , the online marketplace for freelance writers headed by Sunil Rajaraman. Scripted.com originally started life as Scripped in Los Angeles. scripted paige craig venture capital freelance writing content marketplace'

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PadX Launches Home Buying And Selling Marketplace

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Santa Monica-based PadX , a new startup in the real estate market, said today that it has launched a new home buying and selling marketplace in Los Angeles. The new service includes home search tools, ability to book and schedule tours, ways to connect users to a local agent, and online tools to write offers on homes.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. Here's the rest.

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