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Snapchat's Evan Spiegel Youngest Billionaire On Forbes List

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Forbes published its ranking of all of the world''s billionaires this week, with an interesting addition: the co-founders of Venice, California-based Snapchat. Evan Spiegal , the 24-year old CEO of Snapchat, was the youngest billionaire on the list, wiith an estimated net worth of $1.5 billion net worth. READ MORE>>.

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Elon Musk Tops Tech Billionaires In Southern California

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Forbes Magazine has released a list of the top technology billionaires in the world , with six Southern California technology moguls listed. Topping the list at #15 was Elon Musk , who splits his time between Los Angeles and Silicon Valley, with a net worth of $13.9 billion in net worth. billion each. billion each.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. When you begin to peel back the onion some surprising data presents itself.

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Interview with Derek Norton, Watertower Ventures

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Earlier this week, Derek Norton , a long time advisor to the media, Internet, and technology industry in Los Angeles, announced a brand new venture capital fund called Watertower Ventures (www.watertowerventures.com). Derek Norton: I just closed on a new fund, worth $5M, which I raised from a group of high net worth, high profile LPs.

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The Case For & Against Cryptocurrencies (for those tired of all the noise)

Both Sides of the Table

Of course our great technology industry did itself rise on the back of infrastructure created by telecommunications & cable infrastructure as well as decades of media production. Our social graphs are locked in Facebook, Twitter and Snapchat. So Where Do I Personally Net Out?

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