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Want to Start a Technology Company in LA?

Both Sides of the Table

And we’re left with a city with idyllic weather, major commerce, the media center of the world, and a great emerging technology scene. But we have a great city for building technology companies. Funding is different – In Silicon Valley you have mega venture capital funds and many of them. You don’t.

Company 290
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Zag Adds Another AAA Group

socalTECH

Zag has now signed up 14 AAA motor clubs, and also provides its technology to Capital One Auto Finance, Overstock.com, and other sites. Zag is headed by former CarsDirect CEO Scott Painter, and is venture backed by Anthem Venture Partners, Capital One Auto Finance, GRP Partners, Arcturus Capital, Callaway Cars and the Skoll Fund.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. But more importantly we talked in the video about fund raising and how Scott has become so efficient at it. Danish VOIP technology company founded in 2006 by entrepreneur Tanveer Sharif.

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Interview with Jose daVeiga, KlickSports

socalTECH

The underpinning of the technology is much more complex than that, of course, and we've been building this for awhile. When we got funded, we worked harder to put together a product which was longer lasting, and not just a beta attempt like what we had done before. in architectural technology. I think of it as a Ph.D.

Patents 179
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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

I’m just not sure you can build a great technology firm outside of Bay Area.&#. I’ve heard it many founders of VC backed companies in LA who tell me that in their NorCal VC meetings they are told, “we might be interested but we’d want you to relocate to the Bay Area if we funded you.&#. Los Angeles.