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MIT Study: Age Of Founders In Fastest Growing New Ventures Is 45

socalTECH

In a study which belies the opt-cited preference for "young" entrepreneurs in the startup and venture capital industry, a new study from the Massachusetts Institute of Technology find that the mean age of the founders of the 1,000 fastest growing new ventures in the U.S. is actually 45.0.

Study 147
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Reflections on 2016: Rob Freelen, Silicon Valley Bank

socalTECH

Silicon Valley Bank is big supporter and has been a sponsor of socaltech for many, many years. Despite the Q1 correction in valuation, and subsequent drop in VC funding, we saw numerous LA companies not only survive, but thrive - despite the macroeconomic trends. You can see all of our holiday reflections here.

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By the Numbers: The Returns from Southern California IT IPO's 1995-2009

socalTECH

On March 10, socaltech.com profiled a study of the financial outcomes of 700+ southern California IT startups from 1995-2009 completed by Jon Funk of OceanRoad Partners and others. We have applied this methodology to the 67 IPO's completed from 1995-2009 by southern California venture capital-backed and self-financed IT companies.

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Interview with Skyler Lucci, HeyTutor

socalTECH

The company recently raised a round of funding from Santa Barbara-based ScOps Venture Capital. In terms of where we offer to our customers, we have 250 different areas, from early childhood to studying for an MCAT or the bar. How did you connect with Kevin and ScOps Venture Capital, and why did you decide to raise a round?

Startup 113
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Interview with Jonathan LaCour, Playzon

socalTECH

Jonathan LaCour: I studied finance in law school, and did lots of structured finance and investments. I thought I would be an investment banker, and I decided I was probably going to move to San Francisco to enter private equity, venture capital, or a startup. The natural progression from venture capital is into startups.

Startup 217
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Interview with Zach James and Rich Raddon, MOVIECLIPS.COM

socalTECH

Studies show, if you don't, people will turn to piracy. Especially with DVD sales declining, we offer an interesting way to help studios. We've seen the proliferation of streaming through Netflix, Amazon, and others, and as people get into the streaming features business, that income can help make up the income being lost in DVD sales.

Startup 190
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Creating the 21st-Century Fashion Brand, with Brett Markinson, Sole Society

socalTECH

Hautelook was able to help define--and conquer--the online flash sales category, in record time. I went to school at Babson, back East, and majored in finance and entrepreneurial studies. I've never had a proper job, and have been on one gear, building businesses, for a very long time. I moved out to California to build businesses.