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Want to Start a Technology Company in LA?

Both Sides of the Table

We were also an investor in the early local listing company, CitySearch – an LA company. LA was a leader in lead generation (LowerMyBills), comparison shopping (PriceGrabber, Shopzilla), social networking (MySpace … I know, I know – Facebook won – but it was still a big business).

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

Both Sides of the Table

It’s true that MySpace didn’t become Facebook, but it did spawn 7 or 8 great LA companies run by founders with experience. Douglas Merrill, the former CIO of Google, is building his next company, ZestCash in LA. Each of these companies exited for more than $500 million and several north of $1 billion.