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not near the beach): Factual, founded by Gil Elbaz who built AdSense [CenturyCity]. ZestCash, founded by Douglas Merrill, former CIO of Google [Hollywood]. IA Ventures – Roger Ehrenberg was doing angel investing before he became a VC. I know that I call them often to co-invest.
LA generally doesn’t have an appetite for this kind of investment at early stages. My commute, for example, from Santa Monica to CenturyCity is less than 15 minutes each way and I never have to take the freeway. Douglas Merrill, the former CIO of Google, is building his next company in LA.
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