Monday, July 1, 2013
Insights and Opinions: The Emergence of Los Angeles as a Booming Tech Hub
Story by Ivan Nikkhoo
Has Los Angeles finally made it as a technology hub? For our Insights and Opinions section this morning, investment banker Ivan Nikkhoo argues that LA has become a booming technology hub.
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.”
But overall, the quality of the new companies being funded has improved dramatically. (Continued...)
Read the rest of Ivan's article, The Emergence of Los Angeles as a Booming Tech Hub.