Re:Why is it hard to startup a company outside of Silicon Va...
by zach on Thursday August 16, 2007 @11:52AM
(#43048)
Also being in LA, I'd say the major difference is really the access to funding and to deal-making in general.
I haven't been looking for funding so much, but I've heard frustrated stories from those who have. There just isn't the kind of widespread network that includes angels and VCs like there is up north.
It is nice to see more non-entertainment-related tech startups in LA, but honestly there's a long way to go.
Also, maybe it's just me, but there's still a geographic issue. It seems like startup activity was split between Santa Monica, Irvine, Pasadena, Encino and Hollywood for the longest time.
I think we can say the Santa Monica and west-of-WeHo area has won, at least since Yahoo moved their Overture group to the Santa Monica campus. About time, but this is just the ground floor. Funding sources are still spread all around too.
It seems to be really starting to make a difference though, there's more of a sense of a growing tech community in LA now (a welcome relief from the entertainment buzz). Hopefully it'll keep growing.
So while I agree its definately harder than it is in the Silicon Valley, its not impossible. There are other people out there doing startups, you just have to proactively try and find them and bring them together if someone else isn't doing so already in your area.