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

Both Sides of the Table

What is perhaps different from other regions is that we have large indigenous aerospace industry and a big high-tech import/export trade as opposed to a lot of software companies. Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. But even this is changing.

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Interview with Mark Suster, GRP Partners

socalTECH

GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. You know Zag, herein town, and more recently our new car investment, TrueCar. My own background, is I built and sold two software-as-a-service companies. That as unhealthy.

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Interview with Jeff Zwelling, Convertro

socalTECH

Locally, those are companies like LegalZoom, GameFly, TrueCar, and ShoeDazzle. One of the venture capitalists we had met along the way, hearing that we had sold YLighting, asked us what we were doing now, and because they liked the software so much told us to count him in, he'd write a check right now, and that's what we did.

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