Doing Business in Los Angeles

January 12, 2012 0 comments

If you are looking for ways to fund you technical startup, you need to understand that Los Angeles is missing two things: "an active, well organized, full life-cycle of tech-focused capital" and acceptance that Los Angeles is a huge tech hub.

Los Angeles has plenty of successful entrepreneurs with interesting startup ideas that work. There are plenty of wealthy people who are looking for ways to invest their money. The problem with Los Angeles investors that they are not tech oriented, they probably made plenty of money having a restaurant or other non-tech business and are more open to invest a few million into film production then tech startup. That is why Los Angels in undercapitalized taking into considerations opportunities there.

LA is a great city and has no shortage of talent, ideas or industries to target locally. It is an ad/media/content mecca, and a tremendous region for fashion, gaming, software, aerospace/defense, financial services and much more.

My opinion is that Los Angeles needs to be rediscovered by tech investors. Meanwhile we have plenty of work to do getting partners who need business automation and programming and design services.

Posted by Lisa
Categories: Business Entrepreneurship