Remove 2011 Remove Entertainment Remove Incubator Remove Metrics
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Interview with Cody Simms, Techstars LA

socalTECH

One could argue that in 2010, 2011, and 2012, that growth was in the video and entertainment area. Sometimes entrepreneurs ask if we need certain metrics and traction�you don't. Cody Simms: Obviously, I live here in LA, and I have been since 2005. I have witnessed first hand the amazing growth of the LA startup ecosystem.

Startup 100
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It’s Morning in Venture Capital

Both Sides of the Table

This has led to the creation of incubators, accelerators and seed funds. In an over-funding environment companies are encouraged to eschew revenues in a land grab to acquire eyeballs, clicks, page views or whatever other vanity metrics give VCs the false comfort that they’re sitting on a gold mine. Everybody is now payment ready.