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I had been hanging around Klout for a year and many of my friends had angel funded the company and were champions. John laid into a well-honed thesis on why the social web needed a “Page Rank” equivalent for people. It is company 500px who has a beautiful product and a burgeoning community on the iPad and web.

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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.

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Both Sides of the Table

OCTOBER 8, 2014

Over the past 4 years LA’s tech fundings have growing at a 30% compounded annual growth rate (CAGR) which is > 4 times the US average VC CAGR (7%). Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.” In the last month alone (ie not captures in the $1.5

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