Why Los Angeles Is Emerging As The Next Silicon Valley



Why Los Angeles Is Emerging As The Next Silicon Valley

Forbes

8/28/2012 @ 12:12 PM
Written by Nate Redmond, managing partner of  Rustic Canyon Partners, an early-stage venture firm with offices in Los Angeles and San Francisco.

Ask an entrepreneur or venture capitalist to name the center of technology entrepreneurship and they’d probably all say the same thing—Silicon Valley. For the past three decades the region has had a lock on the creation of dominant technology companies, from silicon to search to social.

Ask the same group to name the next Silicon Valley and you are likely to hear a variety of answers. Some will offer up New York. Others stick with Boston and New England. But if we project forward based on trends in the data and structural advantages, it is Los Angeles that is emerging as the next Silicon Valley. Over the last three years the Los Angeles region has quietly built momentum, establishing the foundation to become the next hub for technology entrepreneurship.

Click here for full article in Forbes

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