The LA technology scene has come along way in the last few years. This deck offers a comprehensive overview of the Los Angeles technology and venture landscape in 2018. It covers the players, investors, history and future of LA tech, as well as leading sectors such as e-commerce, online media, e-sports, VR & AR, aerospace, gaming and more.
2019 LA Tech & Venture Scene | Amplify.LA Eric Pakravan
The LA technology scene has come along way in the last few years. This deck offers a comprehensive overview of the Los Angeles technology and venture landscape in 2019. It covers the players, investors, history and future of LA tech, as well as leading sectors such as e-commerce, online media, e-sports, VR & AR, aerospace, logistics, marketplaces, gaming and more.
This mapping project of the LA tech scene by Amplify.LA identifies some of the early talent flows that helped build many of the now tentpole LA technology startups. The companies we’ve identified in the presentation below have led to over $5 billion in total funding, 14,000 jobs, and 250 spinoff companies. The impact that these early companies have had on the LA tech scene is substantial.
Mapping the early LA tech landscape has been a lengthy project for us. We’ve interviewed many of our mentors and scoured the internet in order to uncover some of the early founders and companies that built LA’s tech scene over the last two decades. As a next step, we’ve decided to open up the project to all of you in the LA community. If there’s anything or anyone we missed, please let us know by contributing to the project here.
Amplify is a pre-seed fund based in Venice, CA. Over the last 6 years, Amplify has backed 75 companies, which together have gone on to raise over half a billion dollars in funding, with exits to Apple, Google, and FanDuel, among others.
Unicorns are no longer the stuff of legend — not the fanciful equines marked with elegant wings and prominent horns. Instead, at the mention of the term “unicorn”, the Silicon Valley tech startups valued between $1 and $10 billion, is evoked.
2019 LA Tech & Venture Scene | Amplify.LA Eric Pakravan
The LA technology scene has come along way in the last few years. This deck offers a comprehensive overview of the Los Angeles technology and venture landscape in 2019. It covers the players, investors, history and future of LA tech, as well as leading sectors such as e-commerce, online media, e-sports, VR & AR, aerospace, logistics, marketplaces, gaming and more.
This mapping project of the LA tech scene by Amplify.LA identifies some of the early talent flows that helped build many of the now tentpole LA technology startups. The companies we’ve identified in the presentation below have led to over $5 billion in total funding, 14,000 jobs, and 250 spinoff companies. The impact that these early companies have had on the LA tech scene is substantial.
Mapping the early LA tech landscape has been a lengthy project for us. We’ve interviewed many of our mentors and scoured the internet in order to uncover some of the early founders and companies that built LA’s tech scene over the last two decades. As a next step, we’ve decided to open up the project to all of you in the LA community. If there’s anything or anyone we missed, please let us know by contributing to the project here.
Amplify is a pre-seed fund based in Venice, CA. Over the last 6 years, Amplify has backed 75 companies, which together have gone on to raise over half a billion dollars in funding, with exits to Apple, Google, and FanDuel, among others.
Unicorns are no longer the stuff of legend — not the fanciful equines marked with elegant wings and prominent horns. Instead, at the mention of the term “unicorn”, the Silicon Valley tech startups valued between $1 and $10 billion, is evoked.
2016 was a standout year for entrepreneurs in the GGV Capital ecosystem. Our portfolio companies collectively completed more than $26 billion of M&A and IPO activity, raised more than $10 billion to fuel global expansion, and completed one new IPO (BC Pharma in China).
The year also marked expansion on a number of fronts for our firm. We announced the launch of GGV Capital Fund VI and our Discovery Fund with more than $1.2 billion in commitments. A big thank you to our Limited Partners for their continued support. Second, we added 16 new members to the GGV Capital team across the U.S. and China.
An Entrepreneurial Adventure - Beating Silicon Valley Vitaly Golomb
Video: https://www.youtube.com/watch?v=h7UD7y--aRc
So you want to start a startup. HP Tech Ventures on How, Where, and What you should be investing your entrepreneurial time in to. Hack success, skate to where the puck is going to be, and build for where business is going to be the day after tomorrow.
My conference for MERCK Innovation Center on how startups and multinationals should recalibrate their relationships after years of fumbling around and why building no-bullshit synergies matter more than ever.
Technology and behavior are radically reshaping business—on a global scale. Did You Know? 6.0: Change to Thrive, advances the conversation about how organizations can adapt and prosper by changing the way they work.
Philadelphia Futurism 2018: A local take on the next 20 yearsJohn Cardone
The world will change more in the next 20 years than in the past 300 years. Artificial intelligence, self driving cars, robotics, the blockchain, the internet of things–the list goes on! Exponential technologies will produce waves of change, some good, others not so good. How will Philadelphia ride those waves? Will we drive change, or will we be driven by it?
In this exciting presentation and discussion, a diverse panel of local experts will help us explore how the technological “Megashifts” of today will affect the Philadelphia of tomorrow.
This event was part of Philly Tech Week 2018
Report from the State of GovTech Market Event in San Francisco on October 27, 2016 in collaboration with the San Francisco Mayor's Office of Civic Innovation, Crunchbase and the Nasdaq Entrepreneurial Center.
**Updated with end-of-year numbers for 2016.
Hong Kong rated by Forbes as the first amongst four cities after New York (#1 Hong Kong, #2 Washington D.C., #3 Tel Aviv, #4 London) that is most likely to follow the footstep of Silicon Valley to become an innovation and technology hub. Rebecca Fannin who contributed to Forbes's finding said it was Hong Kong's unrealized potential that makes it worth watching.
A 2016 overview of the technology & venture capital industries in Los Angeles presented by Mark Suster, Managing Partner of Upfront Ventures for the Mayor's LP / VC Summit.
2016 was a standout year for entrepreneurs in the GGV Capital ecosystem. Our portfolio companies collectively completed more than $26 billion of M&A and IPO activity, raised more than $10 billion to fuel global expansion, and completed one new IPO (BC Pharma in China).
The year also marked expansion on a number of fronts for our firm. We announced the launch of GGV Capital Fund VI and our Discovery Fund with more than $1.2 billion in commitments. A big thank you to our Limited Partners for their continued support. Second, we added 16 new members to the GGV Capital team across the U.S. and China.
An Entrepreneurial Adventure - Beating Silicon Valley Vitaly Golomb
Video: https://www.youtube.com/watch?v=h7UD7y--aRc
So you want to start a startup. HP Tech Ventures on How, Where, and What you should be investing your entrepreneurial time in to. Hack success, skate to where the puck is going to be, and build for where business is going to be the day after tomorrow.
My conference for MERCK Innovation Center on how startups and multinationals should recalibrate their relationships after years of fumbling around and why building no-bullshit synergies matter more than ever.
Technology and behavior are radically reshaping business—on a global scale. Did You Know? 6.0: Change to Thrive, advances the conversation about how organizations can adapt and prosper by changing the way they work.
Philadelphia Futurism 2018: A local take on the next 20 yearsJohn Cardone
The world will change more in the next 20 years than in the past 300 years. Artificial intelligence, self driving cars, robotics, the blockchain, the internet of things–the list goes on! Exponential technologies will produce waves of change, some good, others not so good. How will Philadelphia ride those waves? Will we drive change, or will we be driven by it?
In this exciting presentation and discussion, a diverse panel of local experts will help us explore how the technological “Megashifts” of today will affect the Philadelphia of tomorrow.
This event was part of Philly Tech Week 2018
Report from the State of GovTech Market Event in San Francisco on October 27, 2016 in collaboration with the San Francisco Mayor's Office of Civic Innovation, Crunchbase and the Nasdaq Entrepreneurial Center.
**Updated with end-of-year numbers for 2016.
Hong Kong rated by Forbes as the first amongst four cities after New York (#1 Hong Kong, #2 Washington D.C., #3 Tel Aviv, #4 London) that is most likely to follow the footstep of Silicon Valley to become an innovation and technology hub. Rebecca Fannin who contributed to Forbes's finding said it was Hong Kong's unrealized potential that makes it worth watching.
A 2016 overview of the technology & venture capital industries in Los Angeles presented by Mark Suster, Managing Partner of Upfront Ventures for the Mayor's LP / VC Summit.
White Star Capital Eastern US Venture Capital Landscape 2019White Star Capital
Following in the footsteps of the reports that we have published on Canada, UK, Germany, France, Japan, and South Korea, we are delighted to share our newest report covering the NYC and US East Coast Venture Capital ecosystem. This report focuses not only on NYC but also includes Boston, which has been a long term power in the East Coast’s VC ecosystem, as well as emerging states including Florida, Georgia, North Carolina, Virginia, and the District of Columbia, each of which have had at least two companies raise mega-rounds of $100m or more.
Los Angels VC & Startup Ecosystem - RBL1 - Rebel One ResearchRebel One
For Rebel One we take pride in elevating entrepreneurs wherever they are. In our ecosystem research report on Los Angeles we identify the venture capitalists, incubators, accelerators, startups, and other players that help the startup ecosystem flourish. Check out our latest report here.
A look at the Venture Capital industry heading into 2020. Some have questioned whether the industry has a future. This deck does a detailed look at where the industry is and why the future of VC still looks bright.
BLS & Co. helps some of the world’s largest corporations identify the best locations, negotiate incentives, secure development approvals and optimize energy strategies.
BLS & Co. Managing Director, Andy Shapiro heads the firm's location advisory practice from its San Francisco Bay Area office, helping clients translate their business objectives and strategic vision into rational, balanced location decisions.
Check out this presentation that Andy Shapiro recently gave to CoreNet Global on location decision trends.
How to Build a Diversified Investment Portfolio.pdfTrims Creators
Building a diversified investment portfolio is a fundamental strategy to manage risk and optimize returns. For both novice and experienced investors, diversification offers a pathway to a more stable and resilient financial future. Here’s an in-depth guide on how to create and maintain a well-diversified investment portfolio.
Explore Sarasota Collection's exquisite and long-lasting dining table sets and chairs in Sarasota. Elevate your dining experience with our high-quality collection!
What You're Going to Learn
- How These 4 Leaks Force You To Work Longer And Harder in order to grow your income… improve just one of these and the impact could be life changing.
- How to SHUT DOWN the revolving door of Income Stagnation… you know, where new sales come into your magazine while at the same time existing sponsors exit.
- How to transform your magazine business by fixing the 4 “DON’Ts”...
#1 LEADS Don’t Book
#2 PROSPECTS Don’t Show
#3 PROSPECTS Don’t Buy
#4 CLIENTS Don’t Stay
- How to identify which leak to fix first so you get the biggest bang for your income.
- Get actionable strategies you can use right away to improve your bookings, sales and retention.
When listening about building new Ventures, Marketplaces ideas are something very frequent. On this session we will discuss reasons why you should stay away from it :P , by sharing real stories and misconceptions around them. If you still insist to go for it however, you will at least get an idea of the important and critical strategies to optimize for success like Product, Business Development & Marketing, Operations :)
Reflect Festival Limassol May 2024.
Michael Economou is an Entrepreneur, with Business & Technology foundations and a passion for Innovation. He is working with his team to launch a new venture – Exyde, an AI powered booking platform for Activities & Experiences, aspiring to revolutionize the way we travel and experience the world. Michael has extensive entrepreneurial experience as the co-founder of Ideas2life, AtYourService as well as Foody, an online delivery platform and one of the most prominent ventures in Cyprus’ digital landscape, acquired by Delivery Hero group in 2019. This journey & experience marks a vast expertise in building and scaling marketplaces, enhancing everyday life through technology and making meaningful impact on local communities, which is what Michael and his team are pursuing doing once more with Exyde www.goExyde.com
Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
Textile Chemical Brochure - Tradeasia (1).pdfjeffmilton96
Explore Tradeasia’s brochure for eco-friendly textile chemicals. Enhance your textile production with high-quality, sustainable solutions for superior fabric quality.
Best Crypto Marketing Ideas to Lead Your Project to SuccessIntelisync
In this comprehensive slideshow presentation, we delve into the intricacies of crypto marketing, offering invaluable insights and strategies to propel your project to success in the dynamic cryptocurrency landscape. From understanding market trends to building a robust brand identity, engaging with influencers, and analyzing performance metrics, we cover all aspects essential for effective marketing in the crypto space.
Also Intelisync, our cutting-edge service designed to streamline and optimize your marketing efforts, leveraging data-driven insights and innovative strategies to drive growth and visibility for your project.
With a data-driven approach, transparent communication, and a commitment to excellence, InteliSync is your trusted partner for driving meaningful impact in the fast-paced world of Web3. Contact us today to learn more and embark on a journey to crypto marketing mastery!
Ready to elevate your Web3 project to new heights? Contact InteliSync now and unleash the full potential of your crypto venture!
2. 2 @AMPLIFYLA
VENTURE CAPITAL LANDSCAPE
'06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16
$80B
$60B
$40B
$20B
$100B
U.S. VC ACTIVITY BY YEAR
80K
60K
40K
20K
100K
AMOUNTRAISED($)
(#DEALS)
SOURCE: PITCHBOOK
U.S. venture activity has rebounded 3x since the lows of the post-dotcom boom days
3. 3
This rebound in VC funding has brought with it a few
notable changes…
@AMPLIFYLA
VENTURE CAPITAL LANDSCAPE
4. 4
VENTURE CAPITAL LANDSCAPE
'04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17
16
18 18
21
19
17
19
20 21
26
31
39
36
39
7 7 7 7 7 6 6 7 8 9
11
13
15
16
4
3 4 4 4 5 5 5 6 7
Seed Series A Series B
$40M
$30M
$20M
$10M
MEDIAN PRE-MONEY VALUATIONS BY SERIES
@AMPLIFYLA
SOURCE: PITCHBOOK DATA
Seed has become the new Series A…and Series A is the new B round
New technologies (e.g. AWS, Shopify, and the App Store) have lowered the costs
of launching an internet business, and in part helped raise the bar for attracting capital1
1Jeff Jordan, Andreesen Horowitz
5. 5
LOS ANGELES TECH LANDSCAPE
LOS ANGELES VENTURE CAPITAL
FUNDING RAISED IN L.A. & O.C.
L.A. GRADUATES MORE ENGINEERS THAN ANY
OTHER METRO IN THE UNITED STATES.*
$4B
$3B
$2B
$1B
*ACCREDITATION BOARD FOR ENGINEERING & TECHNOLOGY
$5B
@AMPLIFYLA
SOURCE: CB INSIGHTS *EXCLUSES SNAPCHAT
2009 2010 2011 2012 2013 2014 2015 2016
$5B in 2016
COMPANIES
FUNDED (2017)
376
EXITS (2016)
80
Acquired by Facebook ($2B)Acquired by Apple ($3B)
Acquired by Unilever ($1B) IPO ($24B)
RECENT EXITS / IPO
Los Angeles has the 3rd largest GDP in the
world after Tokyo & New York.
TOKYO
NEW YORK CITY
LOS ANGELES
SEOUL
LONDON
1
2
3
4
5
SOURCE: BROOKINGS INSTITUTION 2015
$1.62T
$1.49T
$928B
$903B
$831B
MASSIVE LOCAL ECONOMY
Those same technologies have made it possible to launch multi-billion dollar technology
companies outside of traditional tech hubs like Silicon Valley & Boston
LA’s wealth of resources have turned it into a serious technology center
6. 6
VENTURE CAPITAL IN LOS ANGELES
@AMPLIFYLA
METRO
TOTAL VC FUNDS
RAISED SINCE 2006 ($B)
2.7
1.5
1.9
3.4
4.8
35.5
7.7
117.8
Los Angeles
San Diego
Austin
Chicago
Washington DC
San Jose
Seattle
San Francisco
43.6New York
41.2Boston
TOTAL VC INVESTED
SINCE 2010 ($B)
21.3
9.4
6.6
8.3
8.2
43.3
8.4
101.4
33.9
30.7
SOURCE: PITCHBOOK 2016
NET OUTSIDE
CAPITAL ($B)
18.6
7.9
4.7
4.9
3.4
7.8
0.7
-16.4
-9.7
-10.5
Historically, LA startups have had to look outside the city to raise capital. In fact,
LA startups attract more outside capital than any other U.S. metro
7. 7
That too is starting to change
In just the last 24 months, 17 new funds set up shop in Los
Angeles — doubling the number of local funds
@AMPLIFYLA
VENTURE CAPITAL IN LOS ANGELES
ventures
9. 9
VENTURE CAPITAL IN LOS ÁNGELES
RANK COMPANY
1
2
3
4
5
6
7
8
9
10
% OF SEED DEALS BY CATEGORY
SERIES SEED
SERIES A
$ RAISED
$450M
$135M
$109M
$75M
$75M
$65M
$64M
$60M
$50M
$40M
7%5%
5%
5%
14%
16%
23%
23%
Consumer Products & Services
Media & Entertainment
Business Intelligence
Health & Wellness
Real Estate Tech
Fintech
Adtech
Other
SOURCE: CRUNCHBASE
@AMPLIFYLA
(DEALS BETWEEN $500K-$5M)
LARGEST LA VC DEALS IN 2017
10 $40M
LA FUNDING ROUND DETAILS BY STAGE
MEDIAN POST-MONEY
VALUATION
$8.8M
MEDIAN
ROUND SIZE
$1.1M
AVERAGE
COMPANY AGE
1.8YRs
MEDIAN POST-MONEY
VALUATION
$28M
MEDIAN
ROUND SIZE
$6M
AVERAGE
COMPANY AGE
4.2YRs
SOURCE: PITCHBOOK
2017 was a landmark year for Los Angeles tech
10. 10
A HISTORY OF LA TECH
@AMPLIFYLA
PRE-BUBBLE ERA POST-BUBBLE ERA NOW (RESURGENCE)
- 2000 2000 - 2011 2011 - PRESENT
11. 11
A HISTORY OF LA TECH
INPUTS:
CAPITAL & INCUBATION SOURCES
OUTPUTS: STARTUPS & FUNDS FOUNDED BY PEOPLE
WHO ESTABLISHED THEIR LA TECH CAREERS AT MYSPACE
THE MYSPACE EFFECT
@AMPLIFYLA
MYSPACE WAS CONCEPTUALIZED BY CURRENT USC
STUDENTS & INCUBATED WITHIN E-UNIVERSE
The demise of Myspace led to a proliferation of tech activity in LA
12. 12
A HISTORY OF LA TECH
WESTSIDE LA OFFICE RENTS
PERCENT CHANGE SINCE 2011
SNAP EMPLOYEE GROWTH
THE SNAPCHAT EFFECT
SOURCE: AVISON YOUNG
0%
20%
40%
60%
80%
100%
120%
M
arina
D
elRey
CulverCity
Playa
Vista
Santa
M
onica
Brentw
ood
Venice
@AMPLIFYLA
0
500
1000
1500
2000
2500
2012
2013
2014
2015
2016
2017
(APPROXIMATE FROM SEC FILINGS, AND LINKEDIN DATA)
Over a decade later, Snapchat is having a similar effect on LA —
attracting talent, investment & even affecting local real estate prices!
13. 13
WHY LA?
1. Large market 🏙
Quick access to early users/customers — There are 17.9 million residents in the five-county area, and
nearly 10 million in Los Angeles County
2. Large, well-trained workforce & a major center for higher education "
Access to talent — 8.8 million person workforce and 121 campuses of higher education
3. Excellent access to national and international markets 🚢
The ports of Los Angeles and Long Beach are numbers one and two in the nation in terms of container
traffic handled. In 2011, two-way trade flows through the Los Angeles Customs District totaled $387
billion
4. Diversified economic base (beyond aerospace & Hollywood) ✈
Most people think of LA as the “three-legged” economy – aerospace, movies, and tourism. In reality
there are 14 significant industry clusters, including fashion, IT, manufacturing and design
5. A leader in technology & engineering 🖥
Nearly 33,300 people work in computer systems design and software publishing activities. LA also
boasts 9 engineering schools, including those at CalTech, Harvey Mudd, USC & UCLA
Source: Los Angeles County Economic Development Corporation @AMPLIFYLA
14. 14
WHY LA?
6. A major force in apparel design and manufacturing 👠
LA is #1 in the nation in apparel manufacturing employment. Over 88,000 people work in apparel
design, manufacturing and wholesaling
7. A leading creative & design center 🎨
In addition to apparel design, Los Angeles is also a center for the design of autos, furniture, and toys
8. A major force in the entertainment industry 🎬
The motion picture/TV production industry employs over 159,900 people, and generates receipts of
$55.9 billion
9. An aerospace & transportation leader 🏎
LA is famous for its traffic so it’s no surprise that LA is a leader in “intelligent highways” technology
and more
10. The weather and geography ☀
329 days of sunshine
Source: Los Angeles County Economic Development Corporation @AMPLIFYLA
15. 15
LEADING SECTORS IN LA TECH
GAMING ECOMMERCE ONLINE MEDIA
CONTRIBUTING FACTORS
LOCAL LEADERS
KEY STATS
CONTRIBUTING FACTORS
LOCAL LEADERS
KEY STATS
CONTRIBUTING FACTORS
LOCAL LEADERS
KEY STATS
Film Industry
Talent (Storytellers & animators)
“Studio-style” investors
Large diverse market
Manufacturing Industry
Access to influencers
Financial infrastructure
Pacific port city
Hollywood/Film Studios
Talent (actors, writers, editors)
Access to influencers
Access to content investors
$900M
Investors poured over
into social media and consumer
web startups in LA in 2015LA & Long Beach are the two
largest ports in the United
States
E3
E3 in Los Angeles is the world’s
preeminent gaming expo.
@AMPLIFYLA
16. 16
EMERGING SECTORS IN LA TECH
VIRTUAL
& AUGMENTED REALITY
E-SPORTS
TRANSPORTATION
& AEROSPACE TECH
CONTRIBUTING FACTORS
EMERGING LEADERS
KEY STATS
CONTRIBUTING FACTORS
EMERGING LEADERS
KEY STATS
CONTRIBUTING FACTORS
EMERGING LEADERS
KEY STATS
Film Industry
USC (Institute for creative technology)
Access to content investors
Talent (Storytellers, animators,
game developers)
Digital gaming industry
Access to influencers
Dedicated E-Sports Funds
Creative Talent
NASA’s JPL
Lockheed Martin
Boeing
Engineering Talent (Caltech, USC,
Harvey Mudd)
@AMPLIFYLA
$2B
Facebook purchased OC
based Oculus for
$276M
has been invested in 4th mode
transportation upstart Hyperloop OneThe LA Staples Center (20k+ capacity)
consistently hosts sold out League of
Legends championships
17. 17
WHAT’S AMPLIFY?
PORTFOLIO CAPITAL RAISED
$125M
$250M
$375M
$500M
2012 2013 2014 2015 2016 2017
$1M $12M
$32M
$90M
$250M
$500M
$500M
IN 5 YEARS
8-15%$150K-$350k
INITIAL CHECK SIZE
10-15
COMPANIES
PER YEAR
75
PORTFOLIO
COMPANIES
$1.3B
COMBINED
ENTERPRISE VALUE
9
ACQUIRED
WE INVEST <1% OF COMPANIES WE MEET
AMPLIFY PORTFOLIO Amplify invests in startups at the earliest stages. With over 150
mentors, and an incredible team, we actively provide support, capital
and guidance throughout the lifetime of your business. In all we’ve
invested in 75 companies, and have seen 9 exits including to Apple,
Google & FanDuel.
@AMPLIFYLA
SELECT PORTFOLIO COMPANIES
Oded Noy
MANAGING PARTNER
Eric Pakravan
VICE PRESIDENT
Amanda Schutzbank
VICE PRESIDENT
Paul Bricault
MANAGING PARTNER
Richard Wolpert
VENTURE PARTNER
AMPLIFY TEAM
Connor Sundberg
ANALYST
18. KEEP UP WITH AMPLIFY
18
Want exclusive content from Amplify?
@AMPLIFYLA
JOIN OUR MONTHLY UPDATES:
amplify.la/join