Amplify LA Co-Founder: Monetizing Local Is Challenging

The startup scene in Los Angeles has been slowly building for years now, with more and more companies emerging to build bridges between entertainment, media, and tech.

From StreetFight:

“The startup scene in Los Angeles has been slowly building for years now, with more and more companies emerging to build bridges between entertainment, media, and tech. New models are emerging hastily and agents of influence are on the hunt for rising stars doing interesting things with location, location, location!

Although startup accelerator Amplify LA doesn’t deal exclusively with media and entertainment properties, the group’s executive director Jeff Solomon (who previously co-foundeed Leads360, a VC backed SaaS company) has plenty of opinions about how the hyperlocal space is evolving. Solomon caught up with Street Fight recently with some thoughts about location=based companies, monetization, and LA’s up-and-coming “Silicon Beach.”

Q. Amplify boasts being tightly connected to both media and entertainment in Los Angeles. Can you benchmark some traits that keep you above the line?

A.Well, we have connections because a few of our partners come out of that world and many of our investors do t0o (Jim Wiatt, Mark Burnett, etc.)…

READ FULL INTERVIEW [web]
Amplify [web]

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