Starting a business used to be a fairly straightforward process. It may not have been easy, but it certainly didn’t subject entrepreneurs to a deluge of competing opinions like those faced by today’s business owners. There are some persistent truths which are rarely challenged due to their successful track record in successful companies. There are also many misconceptions about starting a business.
Everyone wants to be seen as an individual, capable of free will, high intelligence and independent thought. Nowhere is this more true than when in the workplace. As memorable as one may think he or she is due to their strong work ethic, they may actually be lost among the others in a sea of co-workers.
Overall, great news for our fair city with a 25% increase in funds raised in 2013 over the year before. This last year, we saw a record high of over $1 billion raised with 200 launches and 25 successful exits which yielded $1.11 billion.
These figures, among others, indicate LA’s digital startups aren’t simply keeping pace with past years, but exceeding them.
Article after article points out that Los Angeles is on its way to becoming one of the most robust startup communities in the United States. We have seen this growth first hand, and are always impressed by the community’s appetite for learning new age technical skills. A class we produce here at General Assembly called “Intro to the LA Startup Community”, has turned into a series, each time presented by a different prominent person in the startup ecosystem providing a unique perspective on the tech scene in LA.