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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

So, without further ado, here''s the list of this year''s 2013 Socaltech 50 : Basil Abifaker , Transaction Wireless (San Diego, digital gift cards). Chance Barnett , Crowdfunder (Los Angeles, crowdfunding). Allison Beal , StyleSaint (Los Angeles, fashion). Greg Cohn , Burner (Los Angeles, mobile app).

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The Changing Venture Landscape

Both Sides of the Table

In 2001 companies IPO’d very quickly if they were working, by 2011 IPOs had slowed down to the point that in 2013 Aileen Lee of Cowboy Ventures astutely called billion-dollar outcomes “unicorns.” At Upfront we have always done 40% of our investing in Greater Los Angeles and it’s precisely for this reason. dot-com bonanza.

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Why Technology is Driving More Urban Renewal

Both Sides of the Table

I see it first hand in Los Angeles where given the growth of YouTube networks the worlds of art & technology are colliding. I can’t say for sure, but it feels to me like the re-urbanization of technology companies is driven by a broader trend of the tech industry overall – cloud computing.