As cofounder of an angel backed startup in L.A., I think it's a great scene. The going line is that startup people in L.A. are pretty focused on monetization.

Other good sources of events here are Dealmaker Media (http://dealmakermedia.com/la.html) and Docstoc co-founder Jason Nazar (he hosts frequent panel discussions on startup issues -- followed by parties back at the office) http://www.jasonnazar.com/

Thanks for posting this, Andrew.