This document summarizes technology, business, and startup trends in Los Angeles and Southern California from a February 2012 presentation. It finds that the local tech scene has grown enormously in recent years, with thriving meetup communities, coworking spaces, incubators, and successful companies. Emerging technology trends include big data, natural language processing, and real-time analytics. Business trends involve lean startup practices and more location-based and SaaS offerings. The startup ecosystem provides many resources for aspiring founders.
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Technology Trends, Business Trends, and the History of Tech in Los Angeles
1. LOS ANGELES AND
SOUTHERN CALIFORNIA
TECHNOLOGY, BUSINESS,
AND STARTUP TRENDS
FreelanceCTO – LADOTNET– February 2012
2. Tech, Business, and Startup Trends
Agenda
Introduction and Quick Survey
What are we talking about?
Who am I?
Who are you? …
LA/SoCal Then and Now
Technology Trends
Business Trends
Startups
Questions and Wrap-Up
3. FreelanceCTO is an Alpha Nerd
MIT Computer Science and Computer Engineering
On the Internet since ‘89 (on the Net since ‘84)
20+ companies over 20+ years
Company stages include Bootstrap, Seed, Angel, VC
(Series A,B, C), Fortune 500
Funding ranges from 0 to $60M+ over multiple rounds
Team sizes range from under 5 to over 150
Acquisitions range from $10M to $4B+
Active in local community:
LA CTO Forum, SoCal/LA Code Camp, Student4Startups
4. Questions for LADOTNET
About You:
How many Developers/Engineers?
FrontEnd? BackEnd? DBA? DevOps? QA? Other?
How many Project/Product managers?
How many CTOs/VPEs/DirEngs?
How many CEOs/CMOs/CFOs?
Launching a new product?
Overhauling an existing product?
How many of you are having problems with
Technology?
5. Los Angeles and SoCal Then
Not so long ago (1997 to 2007), LA was a vast
wasteland of a few Technology companies and few
and far between meetups:
VIC – LA’s first networking good networking event
TheSpot – Episodic content!
GeoCities – A Silicon Valley story, in LA!
DEN – Oh my.
MySpace – LA’s first company to really spin-off lots
of talent
All in all: Very Anemic!!!
6. Los Angeles and SoCal Now
Now we have a Vibrant Community:
Successful companies
Concentrated pockets of activity
Meetups
Conferences
Hackfests
Pitchfests
Coworking facilities
Incubator, Angels, VCs, and more
Bootstrapping!
7. Awesome LA County Facts
Never been easier (or harder) to start a company
Infrastructure has achieved critical mass in SM, CC,
Hwood, Silverlake, El Segundo, and more…
Tons and tons of meetups – now broadcast online!
Distance is less and less a factor
Ripe for cross-fertilization between functional
disciplines
3 of the Top 10 CS schools are in LA County
Local schools are revving up Technology programs
Incubator Explosion happening RIGHT NOW
8. LA/SoCal Now and Then
From 1997 to 2012:
The Difference is
Enormous!!
People should mover HERE to start companies,
not the Bay Area!!!
9. Technology Trends
Pure Technology Supporting Technology
BigData/MapReduce Agile/Scrum/XP
High Performance Ad Optimization
Computing Analytics
Natural Language Search
Processing User Experience
NoSQL
Real-time/PubSub
Web Video
12. Future Technology Leadership
1. Participate in the community (meetups, conferences)
2. Establish relationships early (while still in school!)
3. Learn technology ACTUALLY being used
4. Contribute to Open Source – add it to your resume
5. Seek out Internships – part-time and summer
6. Learn about business, too
Special thanks to Darren Rush and
Students4Startups for this gem!
13. Business Trends
Lean Startup and Customer Development
Commodity business plans
Celebrity
+ eCommerce = Revenue
Lead Generation
More Location Based Services
Hyper Local Daily Deals
Real-time Hyper Local Deals
More PAAS and SAAS
Easy-Peasy Analytics Companies
More Buy, Less Build
14. Incubator Explosion
At least 9 incubators Amplify.LA
launched in SoCal in idealab (2.0)
the last year… K5Launch
LaunchpadLA
MuckerLab
Science
Silverlake HQ
StartEngine
UpStartLA
15. Local Business Building Ecosystem
Incubators
Angels
Venture Capitalists
Bootstrapping
And more…
16. Bootstrapping
Build something in your spare time?
Support someone building something?
Commodity business models?
Signed deals/MOUs/contracts BEFORE you build?
Hackfests and pitchfests
Take away: Do whatever you can to get your product
into customer’s hands, get feedback, and start
generating revenue
18. Why Startups?
Big Company Startup
Never meet the CEO Guaranteed to meet
Test a Feature the CEO
Projects may never see Build Feature(s)
light of day Projects launched in
Employee #13412 production
Part of core team
19. Questions?
I have one! Do you know any…
UX and Development Shops
Technical Project Managers
Developers/Engineers
CTOs
and more...
What are your questions?