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

Both Sides of the Table

Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. They estimate that high-tech work contributes $108.3 They estimate that high-tech work contributes $108.3 billion dollars of regional GDP. Yes, Google won.

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Putting Tom Perkins Comments into Context

Both Sides of the Table

There is outraged public reaction to the Google buses carrying technology workers from the city to the peninsula high-tech companies which employ them. Having a fair society in which lower income families have a shot at social mobility is essential for our security and well being. Is Google to blame? Of course not.

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