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Tech and Entertainment Have a Home in Silicon Beach

Tech Zulu Event

According to the Wall Street Journal , these included Ooma founder Andrew Frame purchasing in Bel Air, and Facebook head of market development Matt Jacobson buying in Manhattan Beach. But it was the low-key, creative beach vibe of Venice and Santa Monica that spurred a spate of start-ups to seek offices and homes.

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Interview with Brett Crosby and Brew Johnson, PeerStreet

socalTECH

Earlier this week, Manhattan Beach-based PeerStreet (www.peerstreet.com) announced the launch of its online lending marketplace for real estate, plus a $6.1M Those loans are very mis-priced, in our opinion. in a funding round. We're also 100 percent focused on debt.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Tech entrepreneurs and executives from Silicon Valley are moving south and buying up luxury homes in the Los Angeles area. Andrew Frame, a 30-something entrepreneur who founded Internet-telephone company Ooma, bought a contemporary four bedroom in Bel Air for $5.5 Prices have gone up dramatically on this beachfront strip.