article thumbnail

Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for Southern California Innovation has just released a report to analyze how SoCal can work to assume its pole position.

article thumbnail

Startup CTO or Developer

TechEmpower

Exploring new technologies? Here’s a graphic from Socal CTO that illustrates the roles as they change over time: In its earliest days, a startup’s top need is often to produce a product. Instead, given a startup project, they’ll default to building everything in-house, using technologies that they’re already familiar with.

CTO Hire 260
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Report: Fidelity Writes Down Investment in Snapchat

socalTECH

Snapchat--arguably, the most visible "unicorn" startup in Southern California--had been valued at $15 billion in its last fundraising round. A report Tuesday in the Financial Times said that investment giant Fidelity has written its investment in Los Angeles-based Snapchat by 25 percent, citing data from a Morningstar report.

Snapchat 100
article thumbnail

An LA-led, public-private partnership pitches a $150B green infrastructure package to Congress

TechCrunch LA

As the nation’s second-largest metropolitan area, boasting an over $1 trillion economy, decisions made in the city can have broad economic and social implications that ripple far beyond the Southern California region. “Startups and small businesses are the engine of every local and regional economy,” writes Peterson.

article thumbnail

Reflections on 2018: Richard Wolpert, The Soul Of A Deal

socalTECH

Editor's note: As we head into the new year, we've been featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. This morning's reflections are from Richard Wolpert , a longtime Southern California investor, and now author of The Soul Of A Deal ([link].

article thumbnail

Interview with Minnie Ingersoll, TenOneTen Ventures

socalTECH

Minnie Ingersoll: I grew up here in Southern California, in Pasadena, and have been in the Bay Area for a number of years, and just became a new partner at TenOneTen Ventures. TenOneTen Ventures is an early stage, seed investor here in Southern California. I think the world of health is so interesting right now.

article thumbnail

Los Angeles-based ‘deep tech’ investment firm Riot Ventures is raising a $75M fund

TechCrunch LA

Riot Ventures , the Los Angeles-based, early-stage and deep technology investment firm is going out to market to raise a $75 million second fund to finance the development of startups in LA and beyond, according to fundraising documents viewed by TechCrunch. Oculus, Snap, Tinder and others.