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When you’re one fund and have $600 million to invest it’s easier to take that kind of risk. LA generally doesn’t have an appetite for this kind of ‘swing-for-the-fences’ investment at early stages – and neither does your town. Zorik Gordon built & IPO’s ReachLocal.
ZestCash, founded by Douglas Merrill, former CIO of Google [Hollywood]. ReachLocal, founded by Zorik Gordon, publicly traded company helping small businesses across America use the Internet for marketing [Woodland Hills. IA Ventures – Roger Ehrenberg was doing angel investing before he became a VC.
LA generally doesn’t have an appetite for this kind of investment at early stages. Zorik Gordon is tearing it up at ReachLocal. Douglas Merrill, the former CIO of Google, is building his next company in LA. LA investors are more pragmatic. A great team from MySpace has created Gravity.
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