Here is The Best Data You’ll Find on the LA Tech Market

As an active investor in the Los Angeles technology market we’re always seeking to better understand the data and trends of why our market has grown so rapidly since 2009.

We look for pockets of excellence where we may have skills that aren’t native in other markets or where our home town may have some unique skills or talents.

Everybody now knows that LA produced SnapChat, Tinder and Maker Studios. They are getting a sense that as VR and AR become more an important part of the computing landscape that the history of film-making and camera innovations not to mention special effects and talent will continue to propel LA’s tech market growth.

We set out to understand this market a little bit better along with our friends at CB Insights and I hope you find this data valuable as you try to understand the opportunity as it relates to your business. The report on the LA Tech Market can be found on this link.

If you’re a tech or media startup considering whether LA is now a mature market I think the data will assuage any concerns. LA is the real deal and growing. If you’re an investor considering putting dollars in the ground in LA, you can see that there is a tremendous opportunity both because of the growth of our markets and there are fewer VC funds here relative to the opportunity than anywhere else in the country.

Most importantly — this should encourage LP funds to back more local firms and I would hope to see more indigenous funds to develop. There are so many great, young funds in the market and many of them are attracting LP capital. If you’re an LP and want to know who these emerging funds are please call me and/or attend our Annual VC Summit.

To mark the occasion of launching this inaugural report I am also proud to announce that we’ve also launched the Upfront Insights blog. I would be super grateful if you would visit the site and sign up for a newsletter if you felt so inclined. We intend to put out more research both on our geography but also on the markets we’re interested in investing in. It will also serve as home to our partner blogs and to our company announcements.

And the first report released is this one → The State of the LA Tech Market. My huge debt of gratitude to our tireless quant jock, market guru and associate extraordinaire Glenn Poppe for his work on this (while simultaneously closing about 6 transactions). You were right, Alex, he is a superstar. Thank you for the referral!

And of course thank you to CB Insights. We are a customer. We read their funding reports daily and their analyses religiously. And we are huge fans.