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We were also an investor in the early local listing company, CitySearch – an LA company. DemandMedia has already scaled a tech team to a considerable size in SantaMonica. My commute, for example, from SantaMonica to Century City is less than 15 minutes each way and I never have to take the freeway.
ZestCash, founded by Douglas Merrill, former CIO of Google [Hollywood]. Idealab, led by Bill Gross, who founded Overture, CitySearch and MANY other business [Pasadena]. I guess SantaMonica is officially “Silicon Beach” in the local people’s minds. North of the 101]. Also East of the 405?
I live in the city of SantaMonica. Douglas Merrill, the former CIO of Google, is building his next company, ZestCash in LA. So can you really build a great tech firm outside of Silicon Valley? Sure, but it will be different than the Bay Area ones. Let me use LA as an example. Los Angeles. Brett Brewer has AdKnowledge.
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