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Want to Start a Technology Company in LA?

Both Sides of the Table

It’s not uncommon for incredibly smart and talented Phd’s or CS majors from Stanford to raise $10 million on an early-stage “platform&# that if it succeeds it will be huge. LA generally doesn’t have an appetite for this kind of investment at early stages. LA investors are more pragmatic.

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

Both Sides of the Table

When you’re one fund and have $600 million to invest it’s easier to take that kind of risk. LA generally doesn’t have an appetite for this kind of ‘swing-for-the-fences’ investment at early stages – and neither does your town. There are no $600 million funds in Los Angeles.