Think innovative tech only lives in Silicon Valley?
Southern California is hot on Silicon Valleys tail. Until recent years, the Bay Area dominated the tech scene. But Los Angeles and other SoCal cities today give Silicon Valley a run for their money.
How is SoCal tech taking on Silicon Valley? Read on to find out all of the details about the thriving entrepreneurial ecosystem and its budding tech rivalry.
Southern California houses such top-notch schools as USC, UCLA, Caltech, Harvey Mudd, and LMU. This means an influx of competent engineers and developers into Los Angeles.
Need proof? Salesforce founder Marc Benioff, Box founder Aaron Levie, and Tinder founder Sean Rad all attended USC. Travis Kalanik of Uber and Brian Lee of The Honest Company both graduated from UCLA.
Of course, a thriving tech community isnt about talent alone. You need capital.
For LA startups this happens by business loans in California, or by angel investors. Los Angeles network of funding seems to grow by the minute. Investors like Troy Carter, Paige Craig, Mark Suster and Ashton Kutcher set their sites on Los Angelos investing.
Where is all of this investment funding headed? To the unique blend of industries that live within Los Angeles entrepreneurial ecosystem.
Los Angeles is a force to reckon with in gaming, e-commerce, and digital media. Startups in the area lean toward content creation. This is a huge difference when compared to their Bay Area competition who focus on building apps for all platforms.
SoCal Tech births notable media startups like Zefr, social media apps like Snapchat and Tinder, and e-commerce companies like Dollar Shave Club and MeUndies.
But thats not all. SoCal Tech boasts a bustling virtual reality scene. Facebook acquired Oculus VR, an Irvine native, for $2 billion dollars.
SoCal Tech even keeps a hat in the aviation ring, with Elon Musks SpaceX championing the cutting-edge of transportation technology.
Its no surprise that Silicon Valley suffers from an extreme cost of living. On top of this, the insane competition for the best talent results in an almost insurmountable pay gap in the area.
As a result, many executives, including those from the likes of Facebook and Uber chose to make the move to Southern California.
Following suit, many Silicon Valley startups wanting to capitalize on SoCals prolific and promising media and entertainment industry flock to the area. Los Angeles, Venice, and Santa Monica are all hotspots for the budding tech community.
In fact, Los Angeles ranked as the third-most active entrepreneurial city in the United States. Thats right, theyve surpassed San Francisco and San Jose.
As you can see, SoCal continues to position itself as a tech powerhouse. Neck and neck with their Silicon Valley competition, SoCal proves itself over and over by bringing in top-tier talent and presenting companies with high valuations that draw in investors.
Theres no doubt here. Southern California has what it takes to become the destination for designers, developers, creators, businessmen, and investors.
Do you need to revamp the promotional strategy for your pharma business and improve your shareable content? You arent alone, nearly all marketers expect to make more and more content each year. If you are struggling to get started, dont worry. Keep reading for three easy online promotional strategies for your pharma business. 1. Pay....read more
Diabetes is a serious condition that affects many Western New Yorkers. Just look at the numbers: adults with diabetes are two to four times more likely to die from heart disease. The rate of amputation for people with diabetes is 10 times higher than for those who dont have the condition. Finally, $12.8 billion was spent in 2006 on medical costs and lost....read more
Three million jobs. Thats the number supporters of the Buy America movement calculate could be created here at home if every U.S. household simply reallocated just 5 percent of its annual spending to products made on our soil. This begs the question: Given all the horror stories about shoddy foreign goods including Chinese drywall that so sickened....read more
Lets be honest, not all parents are back-to-school professionals. Theres a lot of schedules, shopping trips and all-around chaos to contend with. Even planning nutritious school snacks can be stressful. But, when done right, healthy school snacks are the easy part. Start with watermelon. Its 92 percent water and a guaranteed crowd pleaserequal parts....read more
While many welcome the arrival of warmer temperatures with open arms, people with seasonal allergies and asthma may be bracing themselves with boxes of tissues and asthma medications this season. According to a study published in the Journal of Allergy and Clinical Immunology, about 45 percent of people over the age of six and 36 percent of children under....read more
The way you decorate your home can be a reflection of your personality. You want to pick items that enhance the space youre working within, but also pieces that match your unique style. Finding wall decor that strikes that balance can feel daunting, especially as home renovation shows and DIY blogs promote a picture perfect ideal. Its important....read more