News: Portfolio 2008
Fastest Growing Regions for Venture Capital Investment Lie Outside Silicon Valley
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Steve Krausz, general partner at U.S. Venture Partners explains, "As technology has begun to transform media, entertainment and consumer trends, Southern California and Los Angeles, in particular, has become a center of innovation. Venture capital investment has increased to the region in response to this dramatic new opportunity to re-invent large existing industries. Los Angeles has a unique, creative workforce. When coupled with the state's favorable entrepreneurial and innovation policies which helped grow Northern California into the well known capital of U.S. venture activity we expect to see a continued flow of venture capital into the region."
Top industries: Media and Entertainment, Software, Clean Technology