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

Both Sides of the Table

But many people forget that we have 2 relatively recent IPOs that are substantive companies: TrueCar (Upfront backed) & Cornerstone OnDemand. If you throw in Oculus into the mix along with TrueCar, Rubicon, Burstly, Beats and others LA Tech has seen more than $8 billion in exits in 2014 alone. Deflationary Economics now favors us.

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Interview with Mark Suster, GRP Partners

socalTECH

You know Zag, herein town, and more recently our new car investment, TrueCar. We'll even write a half a million check. What is a net loss for us, is when Sequoia or Benchmark flies down on their corporate jet, meets with a company, and tells them to relocate to Northern California. That as unhealthy.