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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

At the Twiistup panel last week, there was a debate over whether big companies could be created here, which is ridiculous--Demand Media is the latest example there, we've got Cornerstone OnDemand coming out soon, and there is no question there are market leading, large revenue companies coming out of Southern California.

Redpoint 154
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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

He built & IPOd Demand Media. Of course most of you know SnapChat, Tinder & Whisper and many people immediately associate the success of Los Angeles under the SoLoMo banner (Social, Local, Mobile) and you wouldn’t be wrong. He built & sold iMall in Internet 1.0 for $565 million to Excite.