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GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY

INTRODUCTION TO
THE LOS ANGELES
STARTUP
COMMUNITY
Sam Teller
Managing Director
Launchpad LA
(Last Revised: Nov. 21, 2013)

1
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I THANKS

THANK YOU FOR
CONTRIBUTIONS TO
THIS GUIDE
•
•
•
•
•

General Assembly
Kyle Taylor
Matt Brimer
Steve Schlafman
Adam Lilling

2
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I CONTENT

CONTENT
4 – About Me
5 – Launchpad LA
8 – Disclaimer
13 – Startup Communities
20 – What Defines an
Ecosystem?
21 – Startups
22 – Founders
23 – Talent
25 – Venture Capital
29 – Angels
31 – Accelerators

32 – Incubators
33 – Things to Ask
34 – Coworking Spaces
35 – Partners
37 – Service Providers
38 – Press
39 – Misconceptions
40 – Startup Jobs
42 – Do / Don’t
44 – How to Get Involved
46 – Education
47 – Go

3
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I SAM TELLER

ABOUT ME
• Managing Director of Launchpad LA

• Born and raised in LA
• @samteller
• steller.tumblr.com
• http://www.linkedin.com/in/steller

4
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I LAUNCHPAD LA

5

LAUNCHPAD LA
• @LaunchpadLA

• www.launchpad.la

• Mentorship Program (2009-11)

•

23 companies

• Accelerator (2012 – 13)
•

Sam

Jamie

Chelsea

Nick

Kyle

31 companies (not all public)

• Total (2009-13)
•

54 companies

•

Over $140m in venture financings

•

Over 25 VCs have financed
Launchpad LA deals

•

Over $80m in exits

Patrick
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I LAUNCHPAD LA

LAUNCHPAD LA
CLASSES 1 & 2 (mentorship program)

Acquired by
AMEX

Acquired by
Adenyo

Acquired by
SquareTrade

Acquired by
Chegg

Acquired by
OVGuide

Acquired by
Forbes

Acquired by
InformedDNA
(2 acquisitions
not yet public)

6
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I LAUNCHPAD LA

LAUNCHPAD LA
CLASSES 3 - 5 (accelerator program)

7
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I DISCLAIMER

DISCLAIMER
• I do not know everything about LA tech
• I did not purposefully make omissions
• I could not include every person and business

(Let me know what I missed)

8
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I HOW IT IS DEFINED

9

LOS ANGELES STARTUPS
Tech + [ ]

LA has:

…media

1. Entrepreneurial Culture

…commerce

(aerospace, ecommerce, media, apparel, video,
ad tech, more)

…fashion
…mobile

…anything!
(experience in ____ + technology)

2. Engineering Talent
(universities, Google, etc)

3. Proximity to Capital
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY

HOT SECTORS IN LA
Mobile / Social

Video

Ecommerce

Snapchat
Tinder
Whisper

Maker Studios
Machinima
Fullscreen

Nasty Gal
Just Fab
The Honest Co.

But also . . .

10
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY

11

SECTORS IN LA
Advertising Technology
Enterprise and
SMB SaaS
Shared
Economy
Education

Hardware
Gaming

Financial
Technology

Marketplaces

Developer
Tools
Data
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I REPRESENT.LA

REPRESENT.LA

Created by Tara Tiger Brown, Alex Benzer, Sean Bonner

12
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I MAP

12

STARTUP COMMUNITIES
PASADENA

HOLLYWOOD

SANTA MONICA

DOWNTOWN

CULVER CITY

VENICE
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I SANTA MONICA

SANTA MONICA
• Center of tech community and
“Silicon Beach”
• 3rd Street Promenade, Main St.,
Montana, Yahoo Center
• Co-working spaces

14
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I VENICE

VENICE
• Venice Boardwalk, Abbot Kinney,
Main St., Muscle Beach
• Google Campus
• Co-working spaces

15
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I CULVER CITY

CULVER CITY
• Downtown Culver City, Hayden Tract,
Sony Pictures lot
• Large spaces for production
• Affordable rent
• Co-working space

16
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I HOLLYWOOD/WEHO/BH

17

HOLLYWOOD/WEST HOLLYWOOD/
BEVERLY HILLS
• Digital media companies, agencies,
management companies, etc
• Co-working spaces
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I DOWNTOWN

DOWNTOWN
• Arts district, fashion district, financial
services
• Large spaces for manufacturing
• Co-working space

18
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I PASADENA

PASADENA
• Community around Cal Tech, Idealab
and Art Center
• Incubator
• Co-working space

19
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I HOW IT IS DEFINED

WHAT DEFINES A STARTUP
ECOSYSTEM?
•
•
•
•
•
•

Startups
Talent
Investors
Mentors
Partners
Service Providers

9
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I WHO THEY ARE

STARTUPS

12Twenty
2 Billion Monkeys
20JEANS
61 Holdings
Access 360 Media
Accordent Technologies
Accruent
AccuScore
Ace Metrix
Active Storage, Inc.
Activison Blizzard
Ad Hoc Labs
ADAM Inc
AdColony
Adconion Media Group
AdEngage
ADG Eco Lighting
Adler Integrated
Adly
AdMedia (Ad.com)
AdStar
AdTouch
AdventureLink
Affordit
Afterschool.me
AgentPair
Aggregage
AHT
AirportChatter
AKMG
alphaboost
AlumniFunder, Inc.
American Golf Corporation
American Standard Television
Analog Creative Inc
aNewPet, LLC
Appetize
Applico
ApplyIQ
Approom
Artisan Park
Ascent Media Corporation
Asset Smart
Assignmint
At The Pool
AudioMicro, Inc.
Aura Systems
Avanoo
Ayax Systems
Baboo
Badongo.com
BakeSpace.com
Beachmint, Inc
Bead Relief
BEASTMODE.FM
bebo.com
Bellinity.com
Best of Media
bestcovery.com
Betterworks
BetterYou
BeyondCurious
Bia
Big Frame
Big Live
BiggerBoat
Bigwords
bitium
BlackLine Systems
bLife Inc
Blinds of Beauty
Blip
BlockBeacon
BloomNation
Blue Lava Group
BOOST
BountyBuy
BQE Software
Breaking Bread
Brevity Ventures Inc.
Briabe Media

Brighter.com
Britespaces
Broadata Communications
Broke Girl's Guide
Bros4Bros LLC
BTS411
Buffalo Studios
Built by Kids
Burstly / TestFlight
Business.com
BuzzDash
BUZZMEDIA
CADFORCE
Caffeine-Free
Campus Explorer
CapLinked
CARD.com
Cardify
CarHound
CarsDirect.com
Case Stack
CathÃ… .tv
•
d
Causecast
Causora
Central Desktop
Champion Media &
Entertainment
ChazBo Music
Cheerful, inc. (Cheers)
Chill
Chirpify
ChoicePunch
ChowNow
Chromatik
Cinema Now
CitizenNet
CityGrid Media
CitySourced
CKMG
ClearWater Holdings
ClickGenie Media
Clorder inc
Closet Couture
Club W
Cognition
Cojoin Inc.
Com2uS Corp
Combatant Gentlemen
Computing Net
Connexus
Connu Publishing
Content Blvd
ContentGuard
Contur
Convertro
Cooking.com
Core Performance
Cornerstone on Demand
Cosmi
Cost Cooperative
Counterpoint Systems
Coverage Sherpa
Coveralls.io
CPO Commerce
Cramster Inc.
Crashworks, Inc.
Creative Citizen
Criteria Corp
crowdfunder
Crowds on Demand
Ctrl Me Robotics
Culture Jam
CurbStreet
Cuttle
Cuturia
Cyber City3D
CyberU
Cyloop
DailyISO
Dakim
Dances Made

daqri
dareme.to
Dash Go
DataPop
Dather
DAVE Networks
DB New Energy
DDD
Deal Bird
DECA
Degree3
Demand Media
Derivatas
deviantART
DevZuz
Digital Containers
Digital Domain
Digital Ordnance
digitalbucket.net
Digitsy, Inc
Discovix
DocRun
DocStoc
DogVacay.com
Dollar Shave Club
Don't Blink Design
Donat Wald & Haque
DormInk
Double Fusion
Dreamly
Dryad Communications
DYL
Earbits, Inc
EarPeace
Ebyline, Inc.
EDDEFY
Edge Cast
Edo Foundation
eFans
eForce Media
eHarmony.com
Eliosolar
Ember
Enervee
Engrade.com
eNotes.com Inc.
Enovative
Enplug, Inc.
Enthusify
EPage, Inc.
Equipois Inc.
Escape Apps
EventSorbet
Eventup
Evox Images
Excelsix
ExoWaste
Expense Bay
Extra Lunch Money
Ezvid Inc.
F.8 Interactive
Faburent Inc
Factual
FAD.IO
Family Finds
Famundo
Fan Appz
fans.lu
FanWire
FastCall
FatalCut Entertainment
Favortree
Federated Media
Fetch Technologies
Film This
FilmBreak
filmquotra
FilmScreenr
filmSPARK, promoSPARK
Filmzu
FinditParts

First Freight CRM
FirstString
FitKit
FitOrbit
Fitosis.com
Flektor
Flinja
FlipSwap
Fliptu
Flower Muse
FreedomPop
Fresh Interactive, Inc.
FreshRankings
FrothyGoodness
FUHU
Fullscreen
Fundable
FWD:labs
Game Evolution, LLC
Game Factory
Game Night Media
Game Trailers
GameFly
gamepression
Gamzee
General Assembly
Generate
Geni
Geodelic Systems
GeoGraffiti
Geosemble Technologies Inc.
Gether
Ghost Post
Giant Media
Giftioni
Gig.LA
GigaMoves
Gigmor
Give To Get Jobs
GIVIGIV celebrates your people
GIViNGtrax
Global Wine Alliance
Go Moment
Gobbler
Gogii
Goldstar Events
GonnaBe
GoodReads
GoodRx
Gorilla Nation Media
GoSave
Gotokki, Inc.
Gradient X
Graff-It!
GRAVIDI, Inc.
Gravity
Green Dot Corporation
Green Geeks
Green Street/GeoBrand
Green Wavelength
GreenDeals.org
Greneker
Gridtest Systems
Grindr
Gripe
Gross Domestic Product
Grubwithus
Guidance Solutions
GumGum
hck.io
HealthCounts
HeatSync
HelloSociety
Highly Relevant
HighSchoolClothing.com
HitFix
Hive Lighting
HKcorp
Hollywood Vine Group
Honey
Hoonto

HPRLCL
Hulu LLC
HYFN8
Hypemarks
iChange
ICON Aircraft
Image Metrics
Imager Searcher Inc.
imFORZA
Industrial Energy Alliance
InfoSearchMedia
Inherited Health
Inktank
Instacanvas
Installation Magazine
Instastock Images
Intake.Me
Intent
Internet Brands
Internships.com
Interpersonal Intelligence, LLC
Interpret
InVenture
Invested.in
IRIS.TV
iRise
IROCKE
ISBX Corp
Island Cart
iStreem Media
iSuppli
IT Support Guys
iVisit
iVolunteer.org
J. Hilburn
Jaanuu
Jabid Inc
Jam Studios
JazzPlanet
Jellibug
Jetpack
JibJab Media Inc
JobSync
Juicykits.com
July Systems
JumpTime
JuntoBox Films
Just Fabulous
Kandoobi LLC
KarmaGoat
Keepdom Inc.
Kick Punch Labs
Kids Camps
KILLDISCO Design
kindsstoff
KitApps
Kite
Klicksports
Knowledge Holdings
Koders
KooDooz
Kotura
Kuapay
Lantern
LAScenester.com
Latina Lifestyle Bloggers
Collective
LeadFerret
Leftronic
LegalCrunch
LegalZoom
LeisureLink Inc.
Lensley
Less Neglect
LetMeHearYa
Lettuce
Lifecrowd
Lifeyo
Light Prescriptions Innovators,
LLC
Lightcraft Technology

Lightcrest
Little Black Bag
Littleye
Live Office
Live Strong
Livestream
LivnGiv, Inc.
Love It, LLC
Lumi
M-GO
Mahalo
MailPix.com
make.tv
Maker Studios
MarketPsy Capital
MarketShare
Marvel Studios, LLC
MasonCloud, LLC
Massive Joe Studios
MasterImage 3D
MatchCraft
Mayhemic Media LLC
Measured Search
Med Athletics, LLC
Media Temple
Media Trust
MediaMine
MediaPlatform
mediastudio
mediastudio
Meet, Mingle, Move.
Meetrix
Mention Mobile LLC
Mergelocal Inc.
Metacloud
Metacritic
Milk & honey
Milken Institute
MiniTime
Miso Media
Mixed Signals
Mixtaping.fm
Mobile Deluxe
Mobile Roadie
MobileCause
MobileCause, Inc
Mobovivo
Modern Intrigues
Mogreet
Mojiva
Moment Feed
Moofaces
Moonshark
moShare
Moshpic
MOTION DISPATCH
Motorator, Inc
Movement Park
Movieclips,Inc
MoVoxx
Muir Data Systems
Musicane Corp
MusicHype
My Damn Channel
My Fruity Faces
My Life
MyLife.com
Mylikes
myRight
MySocialCloud.com
myTreat
Nasty Gal
National Banana
National Payment Network
NationBuilder
Needly
NeighborGoods
Neodata Intelligence
NeoHire
Neomed Software
Nesting

Network Automation
Nevolution
Next Impulse Media LLC
Nimble CRM
No Mimes Media
Noise Los Angeles
Nubook
Oblong Industries
OkCupid Labs (LA)
Omaze
Omnia Media
OneCubicle
Onestop Internet
Online Land Planning
OpenX
Osurv
Outcast
Outlisten
Overhead.fm
Oversee
PageWoo
Park Me
Particle 5
PartnersHub
Party Earth
Pastelink
Payoff.com
Paystik
payvia
Peerless
Perfect Business
Perfect Market
Periodical
Persway.me
Photography BlogSites
PictureHealing
PIDSO Inc.
Piglt
Pink Cloud 9
Pixel Fish
Plan A Drink
Planana
Playsino
PlayWerks, Inc
Plug.dj
Pogoseat
Pop-Up Pantry
Porter
Pose
Postcard on the Run
Praedicat, Inc.
Primoca
Privy.net
Prodege / Swagbucks.com
ProductionBeast
Productsy
ProgrammerMeetDesigner.com
Prolebrities
PromoJam
PublishThis
Pure Video
PurePhoto
Q1Media
Quarterly Co.
Qubeey, Inc
Radical Studios
Rails Girls LA
Ramprate
Ranker
Readz
RealDealDocs
Reality Wanted
Recargo, Inc.
Regard Venture Solutions
Rent.com
RentalCompare
Renter's Friend
Republic Project
Retention Science
Revongo
RewardTag

Rexter
Rhovit
RideApart
Rideshare, Inc.
Rightsline
Riot Games
Rivalry Games
Rivvid Video Trivia Games
Roaming Hunger
RoboDynamics
RobotDough
Rocket Online Media
RocketFrog
Roozt
RTime.com
Rubicon Project
rundavoo
Rush49
Sale Zap, Inc
samesurf
Sandwich Video
Sanebox
Savings.com
ScaleHouse
ScanDigital
SceneShot
Scoop
Scopely
ScoreBig.com
Scratch
Seed Theory Advertising &
Design
Segment Interactive
Seismic Games
Sellbrite
SEOintelligence
Serious Business
ServiceMesh, Inc.
SFW
SGN
ShareSquare
Shift
Ship Mate
Shoe Dazzle, Inc,
ShoppingCart.NET
Shoptalk.la
Showcase Technology
ShowKit
Sidebar, Inc
Siderean Software
Sierra Monolithics
Sightcine, Inc.
Silicon Beach Fun
Silicon Beach LA
SimplePractice
SimplyFinance
Six Degrees Games
Skild
Skilloop
Sky Bird Travel Tours
Smart Jog
SmartAction
SmartRules
Smilu, Inc.
Snapchat
SOA Software
Social Approve
Social Project
Social Rewards
SocialEngine
SocialTagg
Socialtyze
SocialVibe
SodaHead.com
SoftEgg
Sometrics
Sparktooth
Sparqlight
Spindi Music
Spire.io
Splash

Splooth
Spoiler Shield
Spokeo
Sports Buy
stacksocial
StackSocial
Stan Winston School of
Character Arts
Star Labs / Readz
Star Taggers
Stardoll Media
Startup Payments by NDMS
Startup Vitamins
STATE
steelhouse
Stickam
Storiad
Stratalux, Inc.
Streamin' Garage
Streamup
Streetfire.net
studintstay
StyleSaint
Supermassve
SuperTuner
Surf Air
Swagsy
Sweety High
TabletKiosk
Taggle
Tailored Republic
Tandem Stills + Motion, Inc.
Tapshare
Target Close
Task Us
Tasqe
Tauris.io
Team Amougou Publishing
Tecca
Tele Flip
TeleSign
Tennis Channel
Terra Matrix Media
TestMax Inc.
Textags, Inc.
textPlus
The ACME Network
The Auto Moto
The Brain Technologies
The California Stock Exchange
The Green Spot
The Honest Co.
The Posterity
The Price Pros
The Search Agency
The Startup Car Inc.
The Wrap
TheLEK.com
TheStyleClub
This Next
ThrdPlace
Ticketmob
TigerText, Inc
Tire Tab
Titan Gaming
Tongal, Inc
Topanga Technologies
Topspin Media
Total Beauty Media
Totally.Me
Touchsemantics, LLC.
Townhang.com
Tradesy
Trail Box
Travelstrings
Trexa
Triptrotting
Trivial Software
TrueCar
TrueVillages
tryCapsule

21

Tuition.io
TuneWiki
TweetMyJobs
TwitterTopper
UberMedia
Uncouth Media, LLC
Unfold Inc.
unITy PSA
Untappd
uSamp
USBX
Userplane
Ustream
Valarm
Vantage Media
Vantage Surgical Systems
Varoj
Vault Street
VAULT29
Veebox
Velocify Inc
VendorPriceBook.com
Venyooz
verago.com
Veric Software
Viddy
Vidilife
Virtual Greats
Virtual Piggy
Visual Potluck
Viva Vision
VoAudio
Vokely
Vokle
Vortx Immersion Media, Inc.
VX4G Wireless
Vyclone
W4, LLC
Wallaby Financial
Warner Energy
WebGem Network
Webgiftr
WelcomeFaith.com
Wemo Media
WeSawIt Inc.
Whalebone IR and Software
What's Trending
WhatsGood
Where My Dogs At
WireJack
Wishiverse
Wittlebee
WonderHowTo
www.onlybusiness.com
Xact Check
XrackPro
Xwerx
YBUY, INC.
YellowBot
YesPix
younity (Entangled Media)
Yowza!!
YS Interactive
YummyYummyTummy
ZADSPACE
Zag
ZEFR
zest cash
ZexSports
Zillion TV
ZipfWorks
ZipRecruiter
ZOWOWS
Zugara
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I FOUNDERS

FOUNDERS

22
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I TALENT

UNIVERSITIES

and more…

23
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I TALENT

DESIGN TALENT

24
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I VENTURE CAPITAL

25

VC FIRMS

Double M Capital

(plus many firms from Silicon Valley, New York and other cities)
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I VENTURE CAPITAL

VC PARTNERS
Anthem Venture
Partners
Bill Woodward
Brian Mesic
Mike Murphy
Baroda Ventures
David Bohnet
Peter Lee
Crosscut Ventures
Rick Smith
Brian Garrett
Brett Brewer
DFJ Frontier
David Cremin
Scott Lenet
Double M Capital
Mark Mullen

Greycroft Partners
Dana Settle
Mark Terbeek

Rincon Venture Partners
Jim Andelman
John Greathouse

Karlin Ventures
TX Zhuo

Rustic Canyon
Nate Redmond
David Travers
Neal Hansch
John Babcock

Lowercase Capital
Matt Mazzeo
Chris Sacca
MK Capital
Yair Landau
NALA Investments
Tom McInerney
Emilio Diez Barroso
New World Ventures
Matt McCall
Plus Capital
Adam Lilling

Siemer Ventures
David Siemer
Eric Manlunas
Upfront Ventures
Brian McLoughlin
Steven Dietz
Mark Suster
Yves Sisteron
Greg Bettinelli
Hamet Watt

26
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I VENTURE CAPITAL

27

VENTURE CAPITAL TRENDS
Chart Title
LA VC investment and deal volume trend (last 8 quarters)

$ Funding (M)

Source: PWC Money Tree Report

Q2'11

Q3'11

Q4'11

Q1'12

64

$537

$447
Q1'11

64

$570

Q4'10

52

$550

Q3'10

48

$345

$248

45

52

67

$451

# of Deals

$617

64

Q2'12
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I VENTURE CAPITAL

VENTURE CAPITAL
✓✓✓✓✓
✓✓✓✓✓
✓✓✓✓✓
✓✓✓✓✓
✓

In Q2 2012, LA Tech
VC funding totaled

$159.7 M
a 90% increase of LA
tech VC funding from Q1

Total VC Funding the LA
Metropolitan Region received in
2011, a 23% increase from 2010.

Source: PWC Money Tree Report


+96%
2009 - 2011
Growth in $ invested in
LA from 2009 - 2011

OVER 21 DEALS

$2.1B


+23%

28

$570.8 M
64 DEALS

Total VC funding (for all
sectors) in Q2 2012 in the
LA Metro area.
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I ANGEL INVESTORS

ANGELS
Jarl Mohn

Tom
McInerney

Clark
Landry

and more on

Troy
Carter

Paige Craig

Jason
Calacanis

Kamran
Pourzanjani

Ashton
Kutcher

Adam
Lilling

Gil Elbaz

Paul
Bricault

Brian
Lee

29
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I ANGEL GROUPS

ANGEL GROUPS

30
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I ACCELERATORS

31

ACCELERATORS
amplify.la | Venice
$50k - $150k – 8% preferred stock; rolling admission
Partners: Paul Bricault, Richard Wolpert, Jeff Solomon,
David Carter, Oded Noy

launchpad.la | Santa Monica
$25 - $100k – 6-8% common stock; class-based admission
Partners: Sam Teller, Jamie Kantrowitz

muckerlab.com | Santa Monica
$21k – 6-8% preferred stock; class-based admission
Partners: Erik Rannala, Will Hsu

startengine.com | Westwood
$20k – 10% preferred stock; rolling admission
Partners: Howard Marks, Paul Kessler
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I INCUBATORS

INCUBATORS
AND TECHNOLOGY STUDIOS
idealab.com | Pasadena

science-inc.com | Santa Monica

laincubator.org | Downtown

32
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I ASK

33

THINGS TO ASK AN ACCELERATOR
OR INCUBATOR
• Fit (what stage/type of company do they invest in?)
• Deal terms (how much $ for what % of your company?)
• Track record (how many previous companies
funded/active?)
• Operators (who runs it?)
• Services provided (office space, perks, etc.?)
• Network (how can they help your business?)
• Alumni references (how did alums like it?)
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I COWORKING

COWORKING
SPACES
BlankSpaces – blankspaces.com
Coloft – coloft.com
CoWorks – coworks.com
CrossCampus – crosscamp.us
Kleverdog – kleverdog.com
The Roc– realofficecenters.com
NextSpace (@ Amplify LA)– nextspace.us
Working Village – workingvillage.com

31
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I PARTNERS

BIG COMPANIES

35
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I PARTNERS

HOLLYWOOD
Studios
Warner Brothers
Disney
Sony Pictures
Paramount Pictures
Fox Studios
NBC Universal
Dreamworks
Lionsgate
MGM
Relativity Media
The Weinstein Company

Production Companies
Shine America
One Three Media
Dick Clark Productions
Ryan Seacrest
Productions
Electus
Magical Elves
Bad Robot
Vuguru
BermanBraun
Fremantlemedia
Anonymous Content
5x5 Media

Agencies
CAA
WME
UTA
ICM
Paradigm

36
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I SERVICE PROVIDERS

SERVICE
PROVIDERS
Legal

Recruiting

Real Estate

Hosting

Accounting

Banking

Insurance

CFO

HR

37
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I TECH PRESS

PRESS
Michael Carney
PandoDaily

Lindsay Blakely
Inc.

Benjamin Kuo
SoCal Tech

Andrea Chang
LA Times

Ryan Lawler
TechCrunch

Lori Kozlowski
Forbes.com

38
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I WHAT YOU THINK

COMMON MISCONCEPTIONS

39
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I WHAT YOU COULD DO

37

STARTUP JOBS
• Front-End Developer
(CSS,HTML)

• Business Development
(Sales, Partnerships)

• Sales (Willingness to
find and follow leads)

• Back-End Developer
(Ruby, Python, Java)

• Community
Management (Social
Media)

• UX/UI Designer
(inDesign, Photoshop)

• Marketing/User
Acquisition (Email
Marketing, Social
Media, SEO, Data
Analytics)

• Product Manager
(Light Front-End
Developer, Design)

• Data Scientist
(Hadoop, Matlab,
SQL)

• Operations (Customer
Services, Office
Management)

• Other roles depending
on vertical
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I EMAIL

41

EMAILING TIPS
•
•
•
•
•
•
•
•

Be concise
Make your ask clear
Have a hook
Do research
Don’t be afraid to follow up
Don’t ask for lots of time
Don’t ask busy people to lunch
Don’t ask questions that you can
answer by checking a website
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I DO THIS

DO
• Learn the lexicon and how to best position your
skillset
• Make it easy for people to help you
• Think long and hard about what kinds of
environments best suit you and seek those out
• Roll up your sleeves and learn new skills
• Remain humble and figure out ways to give back to
the community even when you’re a giant success

42
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I DON’T DO THIS

DON’T
•
•
•
•

Think everyone knows something you don’t
Be afraid to ask for help, guidance, and introductions
Hesitate to offer whatever it is that YOU do best
Get discouraged

43
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I FIRST STEPS

HOW DO I GET STARTED?
ASK YOURSELF (BE HONEST):
•
•
•
•

What am I passionate about?
What types of environments suit me?
What am I good at?
What part of the tech community best matches up to
my passions and skills?
• How do I best hone these skills and communicate
them to others?

44
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I READ

READ
VentureHacks — venturehacks.com
TechMeme — techmeme.com
Paul Graham — paulgraham.com
Fred Wilson — avc.com
Mark Suster — bothsidesofthetable.com
Chris Dixon — cdixon.org
PandoDaily — pandodaily.com
TechCrunch — techcrunch.com
Hacker News — news.ycombinator.com
General Assembly — generalassemb.ly/blog

45
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO

EDUCATION
Codecademy – codecademy.com
EdX – edx.org
*General Assembly – generalassemb.ly
Learn Code the Hard Way – learncodethehardway.org
Lynda – lynda,com
One Month Rails – onemonthrails.com
Treehouse – treehouse.com
Udacity – udacity.com
Udemy – www.udemy.com

46
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO

43

GO
•
•
•
•
•
•

Sign up for event newsletters
Attend meet ups, happy hours, panels, and classes
Learn how to code / design
Check out hackathons and Startup Weekends
Take interesting people you meet out for coffee
Be useful – make introductions, give feedback, help
people you meet, keep an open mind
• Blog about our experiences and adventures
• Engage on Social Media
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO

EVENT CALENDARS

48
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO

STARTUP WEEKEND

49
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO

CREATIVE MORNINGS

50
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO

built in los angeles

51
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO

MEETUPS

52
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO

MEETUPS

53
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO

MEETUPS

54
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO

MEETUPS

55
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO

MEETUPS

56
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO

MEETUPS

57
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I NEWSLETTERS

58

NEWSLETTERS
Startups Uncensored — startupsuncensored.com
Startup Digest — startupdigest.com
Digital LA — digitalla.net
Launch Ticker — launchticker.com
Dealmaker — dealmakermedia.com
General Assembly — generalassemb.ly/learn
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO

59

GENERAL ASSEMBLY

(Launchpad LA’s education partner)
GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY

THANK YOU

Sam Teller
@samteller
@LaunchpadLA
hello@launchpad.la

60

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Introduction to the Los Angeles Startup Community

  • 1. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY Sam Teller Managing Director Launchpad LA (Last Revised: Nov. 21, 2013) 1
  • 2. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I THANKS THANK YOU FOR CONTRIBUTIONS TO THIS GUIDE • • • • • General Assembly Kyle Taylor Matt Brimer Steve Schlafman Adam Lilling 2
  • 3. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I CONTENT CONTENT 4 – About Me 5 – Launchpad LA 8 – Disclaimer 13 – Startup Communities 20 – What Defines an Ecosystem? 21 – Startups 22 – Founders 23 – Talent 25 – Venture Capital 29 – Angels 31 – Accelerators 32 – Incubators 33 – Things to Ask 34 – Coworking Spaces 35 – Partners 37 – Service Providers 38 – Press 39 – Misconceptions 40 – Startup Jobs 42 – Do / Don’t 44 – How to Get Involved 46 – Education 47 – Go 3
  • 4. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I SAM TELLER ABOUT ME • Managing Director of Launchpad LA • Born and raised in LA • @samteller • steller.tumblr.com • http://www.linkedin.com/in/steller 4
  • 5. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I LAUNCHPAD LA 5 LAUNCHPAD LA • @LaunchpadLA • www.launchpad.la • Mentorship Program (2009-11) • 23 companies • Accelerator (2012 – 13) • Sam Jamie Chelsea Nick Kyle 31 companies (not all public) • Total (2009-13) • 54 companies • Over $140m in venture financings • Over 25 VCs have financed Launchpad LA deals • Over $80m in exits Patrick
  • 6. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I LAUNCHPAD LA LAUNCHPAD LA CLASSES 1 & 2 (mentorship program) Acquired by AMEX Acquired by Adenyo Acquired by SquareTrade Acquired by Chegg Acquired by OVGuide Acquired by Forbes Acquired by InformedDNA (2 acquisitions not yet public) 6
  • 7. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I LAUNCHPAD LA LAUNCHPAD LA CLASSES 3 - 5 (accelerator program) 7
  • 8. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I DISCLAIMER DISCLAIMER • I do not know everything about LA tech • I did not purposefully make omissions • I could not include every person and business (Let me know what I missed) 8
  • 9. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I HOW IT IS DEFINED 9 LOS ANGELES STARTUPS Tech + [ ] LA has: …media 1. Entrepreneurial Culture …commerce (aerospace, ecommerce, media, apparel, video, ad tech, more) …fashion …mobile …anything! (experience in ____ + technology) 2. Engineering Talent (universities, Google, etc) 3. Proximity to Capital
  • 10. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY HOT SECTORS IN LA Mobile / Social Video Ecommerce Snapchat Tinder Whisper Maker Studios Machinima Fullscreen Nasty Gal Just Fab The Honest Co. But also . . . 10
  • 11. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY 11 SECTORS IN LA Advertising Technology Enterprise and SMB SaaS Shared Economy Education Hardware Gaming Financial Technology Marketplaces Developer Tools Data
  • 12. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I REPRESENT.LA REPRESENT.LA Created by Tara Tiger Brown, Alex Benzer, Sean Bonner 12
  • 13. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I MAP 12 STARTUP COMMUNITIES PASADENA HOLLYWOOD SANTA MONICA DOWNTOWN CULVER CITY VENICE
  • 14. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I SANTA MONICA SANTA MONICA • Center of tech community and “Silicon Beach” • 3rd Street Promenade, Main St., Montana, Yahoo Center • Co-working spaces 14
  • 15. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I VENICE VENICE • Venice Boardwalk, Abbot Kinney, Main St., Muscle Beach • Google Campus • Co-working spaces 15
  • 16. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I CULVER CITY CULVER CITY • Downtown Culver City, Hayden Tract, Sony Pictures lot • Large spaces for production • Affordable rent • Co-working space 16
  • 17. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I HOLLYWOOD/WEHO/BH 17 HOLLYWOOD/WEST HOLLYWOOD/ BEVERLY HILLS • Digital media companies, agencies, management companies, etc • Co-working spaces
  • 18. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I DOWNTOWN DOWNTOWN • Arts district, fashion district, financial services • Large spaces for manufacturing • Co-working space 18
  • 19. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I PASADENA PASADENA • Community around Cal Tech, Idealab and Art Center • Incubator • Co-working space 19
  • 20. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I HOW IT IS DEFINED WHAT DEFINES A STARTUP ECOSYSTEM? • • • • • • Startups Talent Investors Mentors Partners Service Providers 9
  • 21. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I WHO THEY ARE STARTUPS 12Twenty 2 Billion Monkeys 20JEANS 61 Holdings Access 360 Media Accordent Technologies Accruent AccuScore Ace Metrix Active Storage, Inc. Activison Blizzard Ad Hoc Labs ADAM Inc AdColony Adconion Media Group AdEngage ADG Eco Lighting Adler Integrated Adly AdMedia (Ad.com) AdStar AdTouch AdventureLink Affordit Afterschool.me AgentPair Aggregage AHT AirportChatter AKMG alphaboost AlumniFunder, Inc. American Golf Corporation American Standard Television Analog Creative Inc aNewPet, LLC Appetize Applico ApplyIQ Approom Artisan Park Ascent Media Corporation Asset Smart Assignmint At The Pool AudioMicro, Inc. Aura Systems Avanoo Ayax Systems Baboo Badongo.com BakeSpace.com Beachmint, Inc Bead Relief BEASTMODE.FM bebo.com Bellinity.com Best of Media bestcovery.com Betterworks BetterYou BeyondCurious Bia Big Frame Big Live BiggerBoat Bigwords bitium BlackLine Systems bLife Inc Blinds of Beauty Blip BlockBeacon BloomNation Blue Lava Group BOOST BountyBuy BQE Software Breaking Bread Brevity Ventures Inc. Briabe Media Brighter.com Britespaces Broadata Communications Broke Girl's Guide Bros4Bros LLC BTS411 Buffalo Studios Built by Kids Burstly / TestFlight Business.com BuzzDash BUZZMEDIA CADFORCE Caffeine-Free Campus Explorer CapLinked CARD.com Cardify CarHound CarsDirect.com Case Stack CathÃ… .tv • d Causecast Causora Central Desktop Champion Media & Entertainment ChazBo Music Cheerful, inc. (Cheers) Chill Chirpify ChoicePunch ChowNow Chromatik Cinema Now CitizenNet CityGrid Media CitySourced CKMG ClearWater Holdings ClickGenie Media Clorder inc Closet Couture Club W Cognition Cojoin Inc. Com2uS Corp Combatant Gentlemen Computing Net Connexus Connu Publishing Content Blvd ContentGuard Contur Convertro Cooking.com Core Performance Cornerstone on Demand Cosmi Cost Cooperative Counterpoint Systems Coverage Sherpa Coveralls.io CPO Commerce Cramster Inc. Crashworks, Inc. Creative Citizen Criteria Corp crowdfunder Crowds on Demand Ctrl Me Robotics Culture Jam CurbStreet Cuttle Cuturia Cyber City3D CyberU Cyloop DailyISO Dakim Dances Made daqri dareme.to Dash Go DataPop Dather DAVE Networks DB New Energy DDD Deal Bird DECA Degree3 Demand Media Derivatas deviantART DevZuz Digital Containers Digital Domain Digital Ordnance digitalbucket.net Digitsy, Inc Discovix DocRun DocStoc DogVacay.com Dollar Shave Club Don't Blink Design Donat Wald & Haque DormInk Double Fusion Dreamly Dryad Communications DYL Earbits, Inc EarPeace Ebyline, Inc. EDDEFY Edge Cast Edo Foundation eFans eForce Media eHarmony.com Eliosolar Ember Enervee Engrade.com eNotes.com Inc. Enovative Enplug, Inc. Enthusify EPage, Inc. Equipois Inc. Escape Apps EventSorbet Eventup Evox Images Excelsix ExoWaste Expense Bay Extra Lunch Money Ezvid Inc. F.8 Interactive Faburent Inc Factual FAD.IO Family Finds Famundo Fan Appz fans.lu FanWire FastCall FatalCut Entertainment Favortree Federated Media Fetch Technologies Film This FilmBreak filmquotra FilmScreenr filmSPARK, promoSPARK Filmzu FinditParts First Freight CRM FirstString FitKit FitOrbit Fitosis.com Flektor Flinja FlipSwap Fliptu Flower Muse FreedomPop Fresh Interactive, Inc. FreshRankings FrothyGoodness FUHU Fullscreen Fundable FWD:labs Game Evolution, LLC Game Factory Game Night Media Game Trailers GameFly gamepression Gamzee General Assembly Generate Geni Geodelic Systems GeoGraffiti Geosemble Technologies Inc. Gether Ghost Post Giant Media Giftioni Gig.LA GigaMoves Gigmor Give To Get Jobs GIVIGIV celebrates your people GIViNGtrax Global Wine Alliance Go Moment Gobbler Gogii Goldstar Events GonnaBe GoodReads GoodRx Gorilla Nation Media GoSave Gotokki, Inc. Gradient X Graff-It! GRAVIDI, Inc. Gravity Green Dot Corporation Green Geeks Green Street/GeoBrand Green Wavelength GreenDeals.org Greneker Gridtest Systems Grindr Gripe Gross Domestic Product Grubwithus Guidance Solutions GumGum hck.io HealthCounts HeatSync HelloSociety Highly Relevant HighSchoolClothing.com HitFix Hive Lighting HKcorp Hollywood Vine Group Honey Hoonto HPRLCL Hulu LLC HYFN8 Hypemarks iChange ICON Aircraft Image Metrics Imager Searcher Inc. imFORZA Industrial Energy Alliance InfoSearchMedia Inherited Health Inktank Instacanvas Installation Magazine Instastock Images Intake.Me Intent Internet Brands Internships.com Interpersonal Intelligence, LLC Interpret InVenture Invested.in IRIS.TV iRise IROCKE ISBX Corp Island Cart iStreem Media iSuppli IT Support Guys iVisit iVolunteer.org J. Hilburn Jaanuu Jabid Inc Jam Studios JazzPlanet Jellibug Jetpack JibJab Media Inc JobSync Juicykits.com July Systems JumpTime JuntoBox Films Just Fabulous Kandoobi LLC KarmaGoat Keepdom Inc. Kick Punch Labs Kids Camps KILLDISCO Design kindsstoff KitApps Kite Klicksports Knowledge Holdings Koders KooDooz Kotura Kuapay Lantern LAScenester.com Latina Lifestyle Bloggers Collective LeadFerret Leftronic LegalCrunch LegalZoom LeisureLink Inc. Lensley Less Neglect LetMeHearYa Lettuce Lifecrowd Lifeyo Light Prescriptions Innovators, LLC Lightcraft Technology Lightcrest Little Black Bag Littleye Live Office Live Strong Livestream LivnGiv, Inc. Love It, LLC Lumi M-GO Mahalo MailPix.com make.tv Maker Studios MarketPsy Capital MarketShare Marvel Studios, LLC MasonCloud, LLC Massive Joe Studios MasterImage 3D MatchCraft Mayhemic Media LLC Measured Search Med Athletics, LLC Media Temple Media Trust MediaMine MediaPlatform mediastudio mediastudio Meet, Mingle, Move. Meetrix Mention Mobile LLC Mergelocal Inc. Metacloud Metacritic Milk & honey Milken Institute MiniTime Miso Media Mixed Signals Mixtaping.fm Mobile Deluxe Mobile Roadie MobileCause MobileCause, Inc Mobovivo Modern Intrigues Mogreet Mojiva Moment Feed Moofaces Moonshark moShare Moshpic MOTION DISPATCH Motorator, Inc Movement Park Movieclips,Inc MoVoxx Muir Data Systems Musicane Corp MusicHype My Damn Channel My Fruity Faces My Life MyLife.com Mylikes myRight MySocialCloud.com myTreat Nasty Gal National Banana National Payment Network NationBuilder Needly NeighborGoods Neodata Intelligence NeoHire Neomed Software Nesting Network Automation Nevolution Next Impulse Media LLC Nimble CRM No Mimes Media Noise Los Angeles Nubook Oblong Industries OkCupid Labs (LA) Omaze Omnia Media OneCubicle Onestop Internet Online Land Planning OpenX Osurv Outcast Outlisten Overhead.fm Oversee PageWoo Park Me Particle 5 PartnersHub Party Earth Pastelink Payoff.com Paystik payvia Peerless Perfect Business Perfect Market Periodical Persway.me Photography BlogSites PictureHealing PIDSO Inc. Piglt Pink Cloud 9 Pixel Fish Plan A Drink Planana Playsino PlayWerks, Inc Plug.dj Pogoseat Pop-Up Pantry Porter Pose Postcard on the Run Praedicat, Inc. Primoca Privy.net Prodege / Swagbucks.com ProductionBeast Productsy ProgrammerMeetDesigner.com Prolebrities PromoJam PublishThis Pure Video PurePhoto Q1Media Quarterly Co. Qubeey, Inc Radical Studios Rails Girls LA Ramprate Ranker Readz RealDealDocs Reality Wanted Recargo, Inc. Regard Venture Solutions Rent.com RentalCompare Renter's Friend Republic Project Retention Science Revongo RewardTag Rexter Rhovit RideApart Rideshare, Inc. Rightsline Riot Games Rivalry Games Rivvid Video Trivia Games Roaming Hunger RoboDynamics RobotDough Rocket Online Media RocketFrog Roozt RTime.com Rubicon Project rundavoo Rush49 Sale Zap, Inc samesurf Sandwich Video Sanebox Savings.com ScaleHouse ScanDigital SceneShot Scoop Scopely ScoreBig.com Scratch Seed Theory Advertising & Design Segment Interactive Seismic Games Sellbrite SEOintelligence Serious Business ServiceMesh, Inc. SFW SGN ShareSquare Shift Ship Mate Shoe Dazzle, Inc, ShoppingCart.NET Shoptalk.la Showcase Technology ShowKit Sidebar, Inc Siderean Software Sierra Monolithics Sightcine, Inc. Silicon Beach Fun Silicon Beach LA SimplePractice SimplyFinance Six Degrees Games Skild Skilloop Sky Bird Travel Tours Smart Jog SmartAction SmartRules Smilu, Inc. Snapchat SOA Software Social Approve Social Project Social Rewards SocialEngine SocialTagg Socialtyze SocialVibe SodaHead.com SoftEgg Sometrics Sparktooth Sparqlight Spindi Music Spire.io Splash Splooth Spoiler Shield Spokeo Sports Buy stacksocial StackSocial Stan Winston School of Character Arts Star Labs / Readz Star Taggers Stardoll Media Startup Payments by NDMS Startup Vitamins STATE steelhouse Stickam Storiad Stratalux, Inc. Streamin' Garage Streamup Streetfire.net studintstay StyleSaint Supermassve SuperTuner Surf Air Swagsy Sweety High TabletKiosk Taggle Tailored Republic Tandem Stills + Motion, Inc. Tapshare Target Close Task Us Tasqe Tauris.io Team Amougou Publishing Tecca Tele Flip TeleSign Tennis Channel Terra Matrix Media TestMax Inc. Textags, Inc. textPlus The ACME Network The Auto Moto The Brain Technologies The California Stock Exchange The Green Spot The Honest Co. The Posterity The Price Pros The Search Agency The Startup Car Inc. The Wrap TheLEK.com TheStyleClub This Next ThrdPlace Ticketmob TigerText, Inc Tire Tab Titan Gaming Tongal, Inc Topanga Technologies Topspin Media Total Beauty Media Totally.Me Touchsemantics, LLC. Townhang.com Tradesy Trail Box Travelstrings Trexa Triptrotting Trivial Software TrueCar TrueVillages tryCapsule 21 Tuition.io TuneWiki TweetMyJobs TwitterTopper UberMedia Uncouth Media, LLC Unfold Inc. unITy PSA Untappd uSamp USBX Userplane Ustream Valarm Vantage Media Vantage Surgical Systems Varoj Vault Street VAULT29 Veebox Velocify Inc VendorPriceBook.com Venyooz verago.com Veric Software Viddy Vidilife Virtual Greats Virtual Piggy Visual Potluck Viva Vision VoAudio Vokely Vokle Vortx Immersion Media, Inc. VX4G Wireless Vyclone W4, LLC Wallaby Financial Warner Energy WebGem Network Webgiftr WelcomeFaith.com Wemo Media WeSawIt Inc. Whalebone IR and Software What's Trending WhatsGood Where My Dogs At WireJack Wishiverse Wittlebee WonderHowTo www.onlybusiness.com Xact Check XrackPro Xwerx YBUY, INC. YellowBot YesPix younity (Entangled Media) Yowza!! YS Interactive YummyYummyTummy ZADSPACE Zag ZEFR zest cash ZexSports Zillion TV ZipfWorks ZipRecruiter ZOWOWS Zugara
  • 22. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I FOUNDERS FOUNDERS 22
  • 23. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I TALENT UNIVERSITIES and more… 23
  • 24. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I TALENT DESIGN TALENT 24
  • 25. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I VENTURE CAPITAL 25 VC FIRMS Double M Capital (plus many firms from Silicon Valley, New York and other cities)
  • 26. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I VENTURE CAPITAL VC PARTNERS Anthem Venture Partners Bill Woodward Brian Mesic Mike Murphy Baroda Ventures David Bohnet Peter Lee Crosscut Ventures Rick Smith Brian Garrett Brett Brewer DFJ Frontier David Cremin Scott Lenet Double M Capital Mark Mullen Greycroft Partners Dana Settle Mark Terbeek Rincon Venture Partners Jim Andelman John Greathouse Karlin Ventures TX Zhuo Rustic Canyon Nate Redmond David Travers Neal Hansch John Babcock Lowercase Capital Matt Mazzeo Chris Sacca MK Capital Yair Landau NALA Investments Tom McInerney Emilio Diez Barroso New World Ventures Matt McCall Plus Capital Adam Lilling Siemer Ventures David Siemer Eric Manlunas Upfront Ventures Brian McLoughlin Steven Dietz Mark Suster Yves Sisteron Greg Bettinelli Hamet Watt 26
  • 27. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I VENTURE CAPITAL 27 VENTURE CAPITAL TRENDS Chart Title LA VC investment and deal volume trend (last 8 quarters) $ Funding (M) Source: PWC Money Tree Report Q2'11 Q3'11 Q4'11 Q1'12 64 $537 $447 Q1'11 64 $570 Q4'10 52 $550 Q3'10 48 $345 $248 45 52 67 $451 # of Deals $617 64 Q2'12
  • 28. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I VENTURE CAPITAL VENTURE CAPITAL ✓✓✓✓✓ ✓✓✓✓✓ ✓✓✓✓✓ ✓✓✓✓✓ ✓ In Q2 2012, LA Tech VC funding totaled $159.7 M a 90% increase of LA tech VC funding from Q1 Total VC Funding the LA Metropolitan Region received in 2011, a 23% increase from 2010. Source: PWC Money Tree Report  +96% 2009 - 2011 Growth in $ invested in LA from 2009 - 2011 OVER 21 DEALS $2.1B  +23% 28 $570.8 M 64 DEALS Total VC funding (for all sectors) in Q2 2012 in the LA Metro area.
  • 29. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I ANGEL INVESTORS ANGELS Jarl Mohn Tom McInerney Clark Landry and more on Troy Carter Paige Craig Jason Calacanis Kamran Pourzanjani Ashton Kutcher Adam Lilling Gil Elbaz Paul Bricault Brian Lee 29
  • 30. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I ANGEL GROUPS ANGEL GROUPS 30
  • 31. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I ACCELERATORS 31 ACCELERATORS amplify.la | Venice $50k - $150k – 8% preferred stock; rolling admission Partners: Paul Bricault, Richard Wolpert, Jeff Solomon, David Carter, Oded Noy launchpad.la | Santa Monica $25 - $100k – 6-8% common stock; class-based admission Partners: Sam Teller, Jamie Kantrowitz muckerlab.com | Santa Monica $21k – 6-8% preferred stock; class-based admission Partners: Erik Rannala, Will Hsu startengine.com | Westwood $20k – 10% preferred stock; rolling admission Partners: Howard Marks, Paul Kessler
  • 32. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I INCUBATORS INCUBATORS AND TECHNOLOGY STUDIOS idealab.com | Pasadena science-inc.com | Santa Monica laincubator.org | Downtown 32
  • 33. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I ASK 33 THINGS TO ASK AN ACCELERATOR OR INCUBATOR • Fit (what stage/type of company do they invest in?) • Deal terms (how much $ for what % of your company?) • Track record (how many previous companies funded/active?) • Operators (who runs it?) • Services provided (office space, perks, etc.?) • Network (how can they help your business?) • Alumni references (how did alums like it?)
  • 34. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I COWORKING COWORKING SPACES BlankSpaces – blankspaces.com Coloft – coloft.com CoWorks – coworks.com CrossCampus – crosscamp.us Kleverdog – kleverdog.com The Roc– realofficecenters.com NextSpace (@ Amplify LA)– nextspace.us Working Village – workingvillage.com 31
  • 35. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I PARTNERS BIG COMPANIES 35
  • 36. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I PARTNERS HOLLYWOOD Studios Warner Brothers Disney Sony Pictures Paramount Pictures Fox Studios NBC Universal Dreamworks Lionsgate MGM Relativity Media The Weinstein Company Production Companies Shine America One Three Media Dick Clark Productions Ryan Seacrest Productions Electus Magical Elves Bad Robot Vuguru BermanBraun Fremantlemedia Anonymous Content 5x5 Media Agencies CAA WME UTA ICM Paradigm 36
  • 37. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I SERVICE PROVIDERS SERVICE PROVIDERS Legal Recruiting Real Estate Hosting Accounting Banking Insurance CFO HR 37
  • 38. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I TECH PRESS PRESS Michael Carney PandoDaily Lindsay Blakely Inc. Benjamin Kuo SoCal Tech Andrea Chang LA Times Ryan Lawler TechCrunch Lori Kozlowski Forbes.com 38
  • 39. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I WHAT YOU THINK COMMON MISCONCEPTIONS 39
  • 40. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I WHAT YOU COULD DO 37 STARTUP JOBS • Front-End Developer (CSS,HTML) • Business Development (Sales, Partnerships) • Sales (Willingness to find and follow leads) • Back-End Developer (Ruby, Python, Java) • Community Management (Social Media) • UX/UI Designer (inDesign, Photoshop) • Marketing/User Acquisition (Email Marketing, Social Media, SEO, Data Analytics) • Product Manager (Light Front-End Developer, Design) • Data Scientist (Hadoop, Matlab, SQL) • Operations (Customer Services, Office Management) • Other roles depending on vertical
  • 41. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I EMAIL 41 EMAILING TIPS • • • • • • • • Be concise Make your ask clear Have a hook Do research Don’t be afraid to follow up Don’t ask for lots of time Don’t ask busy people to lunch Don’t ask questions that you can answer by checking a website
  • 42. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I DO THIS DO • Learn the lexicon and how to best position your skillset • Make it easy for people to help you • Think long and hard about what kinds of environments best suit you and seek those out • Roll up your sleeves and learn new skills • Remain humble and figure out ways to give back to the community even when you’re a giant success 42
  • 43. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I DON’T DO THIS DON’T • • • • Think everyone knows something you don’t Be afraid to ask for help, guidance, and introductions Hesitate to offer whatever it is that YOU do best Get discouraged 43
  • 44. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I FIRST STEPS HOW DO I GET STARTED? ASK YOURSELF (BE HONEST): • • • • What am I passionate about? What types of environments suit me? What am I good at? What part of the tech community best matches up to my passions and skills? • How do I best hone these skills and communicate them to others? 44
  • 45. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I READ READ VentureHacks — venturehacks.com TechMeme — techmeme.com Paul Graham — paulgraham.com Fred Wilson — avc.com Mark Suster — bothsidesofthetable.com Chris Dixon — cdixon.org PandoDaily — pandodaily.com TechCrunch — techcrunch.com Hacker News — news.ycombinator.com General Assembly — generalassemb.ly/blog 45
  • 46. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO EDUCATION Codecademy – codecademy.com EdX – edx.org *General Assembly – generalassemb.ly Learn Code the Hard Way – learncodethehardway.org Lynda – lynda,com One Month Rails – onemonthrails.com Treehouse – treehouse.com Udacity – udacity.com Udemy – www.udemy.com 46
  • 47. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO 43 GO • • • • • • Sign up for event newsletters Attend meet ups, happy hours, panels, and classes Learn how to code / design Check out hackathons and Startup Weekends Take interesting people you meet out for coffee Be useful – make introductions, give feedback, help people you meet, keep an open mind • Blog about our experiences and adventures • Engage on Social Media
  • 48. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO EVENT CALENDARS 48
  • 49. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO STARTUP WEEKEND 49
  • 50. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO CREATIVE MORNINGS 50
  • 51. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO built in los angeles 51
  • 52. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO MEETUPS 52
  • 53. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO MEETUPS 53
  • 54. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO MEETUPS 54
  • 55. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO MEETUPS 55
  • 56. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO MEETUPS 56
  • 57. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO MEETUPS 57
  • 58. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I NEWSLETTERS 58 NEWSLETTERS Startups Uncensored — startupsuncensored.com Startup Digest — startupdigest.com Digital LA — digitalla.net Launch Ticker — launchticker.com Dealmaker — dealmakermedia.com General Assembly — generalassemb.ly/learn
  • 59. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO 59 GENERAL ASSEMBLY (Launchpad LA’s education partner)
  • 60. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY THANK YOU Sam Teller @samteller @LaunchpadLA hello@launchpad.la 60