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Want to Start a Technology Company in LA?

Both Sides of the Table

Los Angeles. LA generally doesn’t have an appetite for this kind of investment at early stages. I believe you can attract people to relocate to Los Angeles but it’s likely that they’ll come from locations other than Northern California. TechCoast Angels backed GreenDot should be a major IPO this year.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

Los Angeles. There is no region in the country that comes close to having the sheer number of angels & VCs that Silicon Valley has as well as the dollars that flow into the region (40% of all dollars, PwC Moneytree report ). When you’re one fund and have $600 million to invest it’s easier to take that kind of risk.