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In San Diego you have Qualcomm so an entire mobile industry has been spawned. Zorik Gordon built & IPO’s ReachLocal. Douglas Merrill, the former CIO of Google, is building his next company, ZestCash in LA. Each of these companies exited for more than $500 million and several north of $1 billion.
Los Angeles has a strategic asset : content creation skills – In order for the Internet to go mainstream you first needed the infrastructure to support it from networking equipment (Cisco, Juniper) to databases (Oracle) to search (Google) and more recently mobile devices (Apple). Zorik Gordon is tearing it up at ReachLocal.
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