The ecosystem in Los Angeles finally has the necessary infrastructure, seed and early stage capital, support and advisory services, business development opportunities, and excellent talent pool to be sustainable.
From SocalTECH, by Ivan Nikkhoo:
“To fly as fast as thought, you must begin by knowing that you have already arrived.” – Richard Bach
Last week I had the pleasure of spending time at the various Silicon Beach Fest activities in Santa Monica. My conclusion: Los Angeles is a serious tech hub.
Make no mistake; we still have a long ways to go. There is a serious lack of growth capital. There are still very few large, brand name successes, and more often than not, there is more hype than substance.
As William Gibson said, “The future has already arrived. It’s just not evenly distributed yet…”
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