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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

Many people don’t realize that the majority of the monetization of the Internet originated in Los Angeles but was perfected in Silicon Valley. The monetization engine of the Internet that powers the most profitable business perhaps in history was invented and perfected in Los Angeles and is what you now know as Google Ad Words.

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Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth

abovethecrowd.com

Fortunately, the rise of the Internet, and specifically Internet marketplace models, act as accelerants to the productivity benefits of the division of labour AND comparative advantage by reducing information asymmetry and increasing the likelihood of a perfect match with regard to the exchange of goods or services.

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Remote First: Why Isn’t Every Company Boundaryless

ReadWriteStart

Today, especially in tech hubs like Silicon Valley, Los Angeles, New York, or Seattle, none of these facts hold. Global internet bandwidth has exponentially increased while costs have become radically lower. But when you’re hiring from the global talent pool, you can’t rely on those shortcuts.

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Strategy Roundtable For Entrepreneurs: How Do You Catalyze A Region's Entrepreneurship?

ReadWriteStart

Today, building Internet businesses, or businesses that are primarily marketed through the Internet, is viable for entrepreneurs all over the world. Seattle, Portland, Austin, New York City and Chicago have come up in the U.S. It is no longer Silicon Valley's exclusive domain.

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The Boundaryless Era: the Time for Distributed Teams

ReadWriteStart

But if your company is located someplace like Silicon Valley, Seattle, Boston, or New York, you’re entering the race with a handicap. In the third quarter, the Seattle company expanded by another 143,000 square feet in San Francisco, space for more than 700 additional employees, according to brokerage data. The Real Question.

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Entrepreneurs Now Start Hyperlocal Then Go Global

Startup Professionals Musings

Even though the world is getting smaller, due to easy global connectivity, people still feel alone if not well-connected locally. There is also more going on in every location, so this personal need and super sensitivity to the local community has spawned a new breed of Internet startups, called “hyperlocal.”

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Smart Startups Think Global But Act Hyperlocal

Startup Professionals Musings

Even though the world is getting smaller, due to easy global connectivity, people still feel alone if not well-connected locally. There is also more going on in every location, so this personal need and super sensitivity to the local community has spawned a new breed of Internet startups, called “hyperlocal.”

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