Both Sides of the Table

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

Both Sides of the Table

Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. Many people don’t realize that the majority of the monetization of the Internet originated in Los Angeles but was perfected in Silicon Valley. LA By The Numbers.

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Why We Need to Elect @EricGarcetti on Tues as Next Mayor of Los Angeles

Both Sides of the Table

On Tuesday Los Angeles will elect a new mayor. I’d love to see a mayor in Los Angeles who does, too. In 2010 the City of Los Angeles started trying to crack down on tax receipts of Internet startups allocating them to the least favorable gross-receipts tax bracket taking up their city tax by 500%.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

40% of our deals are done in Los Angeles but 100% of our deals leverage the LA networks we have built for 25 years. I think most people know we’re HQ’d in LA (Santa Monica to be exact) but we invest nationally and internationally. We have a team of 7 in San Francisco (a counter bet on our belief that the Bay Area is an amazing place.)

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Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

Ynon was the obvious choice to help the founders take the company to the next level since he had the trust of the founders, the investors, the senior management team as well as YouTube and most of the large media players in Los Angeles and internationally. Los Angeles Tech Market Analysis' Silicon Valley and Who Will Win.

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GRP Announces $200 Million Fund. Rebrands as Upfront Ventures

Both Sides of the Table

But in Los Angeles, Santa Monica is akin to SoMa in San Francisco, Cambridge in the Boston area or Flatiron / Union Square in NYC. Some of our most successful deals have been in New York, Chicago, Los Angeles, Las Vegas, Baltimore and London. We have long wanted to move but wanted to wait for the perfect space.

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How MakeSpace Recently Closed $30 million in New Funding

Both Sides of the Table

million in capital to build out its operations in 4 cities: New York City , Los Angeles , Chicago and Washington D.C. Just over a year ago I wrote about how MakeSpace had raised $17.5 If you have a storage need in one of these cities please consider checking out MakeSpace.

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How Do I Feel About the Snap IPO Given I Didn’t Invest?

Both Sides of the Table

We are hugely appreciative of their successes because it’s helped grow technology talent in Los Angeles and some time down the line we know the “Snapchat Mafia” will be armed with millions of dollars and fund and create startups all over LA. If you swing at every pitch you’ll end up with a lot more losers.

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