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I think that’s one of the reasons that many of the most interesting bay area startups are choosing to locate themselves in the city. And make-up artists. And costume & set designers. In LA companies used to be concentrated near Pasadena or in the SanFernando Valley. And with startups so go VCs.
The biggest difference I cite is that Venture Capital often feels like an “individual sport” while startups are a “team sport.” Startups are team sports because you’re all working on the same shared objective of the company. The truth is that the newer the firm the easier that shared mission is.
Evan Spiegel exemplifies the creative, entrepreneurial spirit of the Los Angeles region, and the success of his company Snapchat has helped make Los Angeles synonymous with technology and successful tech startups. Annual spending related to CSUN of $562.3
Catch up by reading the first edition here or check out last week’s edition , which offered the gamut of mobility news from Lyft and Bird to Waymo’s laser bears and cybersecurity. The framework of the agreement is expected to include VW making an investment into Ford-backed autonomous vehicle startup Argo AI.
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