Incubators and accelerators are popping up everywhere; multi-million dollar startups with worldwide recognition are tracing their roots back to L.A.; and celebrities are adopting tech companies as pet projects.
From The Next Web:
“Los Angeles is one of the world’s largest and most glamorous cities — it dominates the entertainment industry, produces tremendous wealth and stands as symbol of American promise and success.
That’s what made the city’s longtime status as a second or third tier technology hub perplexing. The emerging tech scene in the area comes nowhere close to Silicon Valley’s technological prominence. Other U.S. cities — including New York, Seattle and Boston — have also seemed to leave the City of Angels in the dust…”
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