SlideShare ist ein Scribd-Unternehmen logo
1 von 16
AMPLIFY LA TECH SCENE
@AMPLIFYLA
ERIC PAKRAVAN | @EPAKRAVAN
2
VENTURE CAPITAL LANDSCAPE
SOURCE: COMPASS GLOBAL STARTUP ECOSYSTEM RANKING 2015
RANK GLOBAL STARTUP ECOSYSTEM
1
2
3
4
5
6
7
8
Silicon Valley
New York City
Los Angeles
Boston
Tel Aviv
London
Chicago
Seattle
9 Berlin
10 Singapore
'04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15
16
18 18
21
19
17 17
23 23
28
37
49
7 7 7 7 7 6 7 8 9 10
14
15
4 3 3 4 4 5 6 6
Seed Series A Series B
$40M
$30M
$20M
$10M
$50M
MEDIAN PRE-MONEY VALUATIONS BY SERIES
'06 '07 '08 '09 '10 '11 '12 '13 '14 '15
$80B
$60B
$40B
$20B
$100B
U.S. VC ACTIVITY BY YEAR
80K
60K
40K
20K
10K
($) (# DEALS)
@AMPLIFYLA
SOURCE: PITCHBOOK
SOURCE: PITCHBOOK
3
LOS ANGELES
@AMPLIFYLA
METRO
TOTAL VC FUNDS
RAISED SINCE
2006 ($B)
2.7
1.5
1.9
3.4
4.8
35.5
7.7
117.8
Los Angeles
San Diego
Austin
Chicago
Washington DC
San Jose
Seattle
San Francisco
43.6New York
41.2Boston
TOTAL VC
INVESTED SINCE
2010 ($B)
VC INVESTED
TO FUNDS
RAISED
21.3
9.4
6.6
8.3
8.2
43.3
8.4
101.4
33.9
30.7
789%
627%
347%
244%
171%
122%
109%
86%
78%
75%
LA STARTUPS CONTINUE TO ATTRACT MORE OUTSIDE CAPITAL THAN ANY OTHER U.S. METRO
“I'd definitely be
short New York
and long LA”
— Peter Thiel,
Managing Partner,
Founders Fund
SOURCE: PITCHBOOK 2016
NET
OUTSIDE
CAPITAL ($B)
18.6
7.9
4.7
4.9
3.4
7.8
0.7
-16.4
-9.7
-10.5
4
LOS ANGELES
IT’S NO LONGER A DEBATE, LOS ANGELES HAS EMERGED AS A MAJOR TECHNOLOGY HUB.
LOS ANGELES VENTURE CAPITAL
2010 2011 2012 2013 2014 2015
FUNDING RAISED IN L.A. & O.C.
$4.8 BILLION
COMPANIES FUNDED (2015)
479
EXITS (2015)
67
COMPANIES CALLING LOS ANGELES HOME
L.A. GRADUATES MORE ENGINEERS THAN ANY
OTHER METRO IN THE UNITED STATES.*
$4B
$3B
$2B
$1B
*ACCREDITATION BOARD FOR ENGINEERING & TECHNOLOGY
Acquired by Opera ($350M)Acquired by Apple ($3B)
Acquired by AT&T ($300M) Acquired by Alliance ($2.3B)
$5B
@AMPLIFYLA
SOURCE: PITCHBOOK
5
LOS ANGELES
INPUTS OUTPUTS
CAPITAL
THE DEMISE OF MYSPACE LED TO A PROLIFERATION OF TECH ACTIVITY IN LA
THE MYSPACE EFFECT
STARTUPS
@AMPLIFYLA
6
LOS ANGELES
LA TECH IS ALREADY MAKING IMPACTS OUTSIDE OF THE TECH SPHERE
WESTSIDE OFFICE RENTS
PERCENT CHANGE SINCE 2011
RENT BY SQUARE FOOT
THE SNAPCHAT EFFECT
SOURCE: AVISON YOUNG
0%
20%
40%
60%
80%
100%
120%
Venice
M
arina
D
elRey
CulverCity
Playa
Vista
Santa
M
onica
Brentw
ood
Venice
Marina
Del Rey
Culver
City
Playa
Vista
Santa
Monica
Brent-
wood
2015 $6.35 $3.59 $3.45 $3.98 $4.86 $4.01
2014 $6.15 $3.20 $3.04 $3.39 $4.33 $3.53
2013 $5.65 $2.94 $2.95 $3.31 $4.24 $3.20
2012 $3.68 $2.59 $2.80 $3.07 $4.42 $3.15
2011 $3.12 $2.60 $2.61 $3.03 $3.79 $3.19
@AMPLIFYLA
7
VENTURE CAPITAL IN LOS ANGELES
ACCELERATORS SEED SERIES A
TRADITIONAL ACCELERATORS
CORPORATE/VERTICAL ACCELERATORS
SEED FUNDS
MICRO VCS
SERIES A FUNDS
CORPORATE & FAMILY/EVERGREEN FUNDS
@AMPLIFYLA
HEALTHCARE ACCELERATOR (CEDARS SINAI)
+ MUSIC ACCELERATOR
8
A HISTORY OF LA TECH
PRE-BUBBLE ERA POST-BUBBLE ERA NOW (RESURGENCE)
- 2000 2000 - 2008 2008 -
@AMPLIFYLA
9
WHY LA?
1. Large market
Quick access to early users/customers — There are 17.9 million residents in the five-county area, and nearly 10 million in Los Angeles County
2. Large, well-trained workforce & a major center for higher education
Access to talent — 8.8 million person workforce and 121 campuses of higher education
3. Excellent access to national and international markets
The ports of Los Angeles and Long Beach are numbers one and two in the nation in terms of container traffic handled. In 2011, two-way trade
flows through the Los Angeles Customs District totaled $387 billion
4. Diversified economic base
Most people think of LA as the “three-legged” economy – aerospace, movies, and tourism. In reality there are 14 significant industry clusters
6. A major force in apparel design and manufacturing
LA is #1 in the nation in apparel manufacturing employment. Over 88,000 people work in apparel design, manufacturing and wholesaling
5. A leader in technology & engineering design
Nearly 33,300 people work in computer systems design and software publishing activities. Four of the top ten design firms in the U.S. are
located in Los Angeles County. These are supported by 9 engineering schools
7. A leading design center
In addition to apparel design, Los Angeles is also a center for the design of autos, furniture and home furnishings items, and toys
8. A major force in the entertainment industry
The motion picture/TV production industry employs over 159,900 people, and generates receipts of $55.9 billion
9. A transportation leader
LA is famous for its traffic so it’s no surprise that LA is a leader in “intelligent highways” technology and more
10. The weather and geography
329 days of sunshine
Source: Los Angeles County Economic Development Corporation @AMPLIFYLA
10
LEADING LA SECTORS IN TECH
GAMING ECOMMERCE ONLINE MEDIA
CONTRIBUTING FACTORS
LOCAL LEADERS
KEY STATS
CONTRIBUTING FACTORS
LOCAL LEADERS
KEY STATS
CONTRIBUTING FACTORS
LOCAL LEADERS
KEY STATS
Film Industry
Talent (Storytellers & animators)
“Studio-style” investors
Large diverse market
Manufacturing Industry
Access to influencers
Financial infrastructure
Pacific port city
Hollywood/Film Studios
Talent (actors, writers, editors)
Access to influencers
Access to content investors
$900M
Investors poured over
into social media and consumer
web startups in LA in 2015LA & Long Beach are largest
two ports in the United States
E3
E3 in Los Angeles is the world’s
preeminent gaming expo.
@AMPLIFYLA
11
EMERGING LA SECTORS IN TECH
KEY STATS KEY STATS
$2B
Facebook purchased OC
based Oculus for
$37M
has been invested in Elon Musk affiliated 4th mode
transportation upstart Hyperloop Technologies
@AMPLIFYLA
CONTRIBUTING FACTORS
LOCAL LEADERS
Oculus
Survios
HypeVR
CONTRIBUTING FACTORS
LOCAL LEADERS
Faraday Future
SpaceX
Hyperloop One
Film industry
USC Institute for Creative Technologies
Access to content investors
NASA’s JPL
Lockheed Martin
Boeing
WEVR SurfAir
Talent (Storytellers, animators, game developers) Engineering Talent (Caltech, USC, Harvey Mudd)
VIRTUAL REALITY TRANSPORTATION
12
VIRTUAL REALITY
SOURCE: PITCHBOOK
RANK COMPANY
1
2
3
4
5
6
7
8
Oculus
Magic Leap
LENSAR**
Jaunt
Blippar
Vuforia
Matterport
Avegant
9 NextVR
10 Playful
% OF VR DEALS BY CATEGORY
Q1'12 Q3'12 Q1'13 Q3'13 Q1'14 Q3'14 Q1'15 Q3'15
$200M
$150M
$100M
$50M
$250M
AR/VR INVESTMENT ACTIVITY*
40
30
20
10
50
($) (# DEALS)$ RAISED
$2.1B*
$1.2B
$191.1M
$101.3M
$70.1M
$65M
$57.7M
$37M
$36M
$33M
*EXCLUDING MAGIC LEAP
2%
6%
18%
19%
27%
28%
Commercial & Industrial
Infrastructure & Tools
Content
Hardware
Discovery & Distribution
Social
SOURCE: MARK LINAO FOR CB INSIGHTS
@AMPLIFYLA
13
WHAT’S AMPLIFY?
PORTFOLIO CAPITAL RAISED
$75M
$150M
$225M
$300M
2012 2013 2014 2015 2016
$1M $12M
$32M
$90M
$250M
$250M
IN 4 YEARS
5-15%$50K-$250k
INITIAL CHECK SIZE
SELECT PORTFOLIO COMPANIES
10-15
COMPANIES
PER YEAR
55
PORTFOLIO
COMPANIES
6
SHUT DOWN
6
ACQUIRED
WE ACCEPT <1% OF APPLICATIONS
AMPLIFY PORTFOLIO
Oded Noy
MANAGING DIRECTOR
Kris Bjornerud
EXECUTIVE DIRECTOR
Eric Pakravan
SENIOR ASSOCIATE
Paul Bricault
MANAGING DIRECTOR
Richard Wolpert
VENTURE PARTNER
AMPLIFY TEAM
Amplify is LA’s leading startup accelerator based in Venice Beach.
With over 150 active mentors, a flexible curriculum and an
incredible team, we continue to find unique ways to leverage our
network in both sourcing opportunities and supporting our portfolio.
@AMPLIFYLA
14
WE’VE REDEFINED THE ACCELERATOR
TRADITIONAL ACCELERATORSAMPLIFY
(CLASSES & COHORTS)
(SET ECONOMICS)
(DEMO DAYS)
(STATIC CURRICULUM)
(FIXED PROGRAM LENGTH)
ROLLING ADMISSIONS
FLEXIBLE ECONOMICS
ON-GOING INVESTOR SUPPORT
DYNAMIC CURRICULUM
OPEN PROGRAM LENGTH
THE AMPLIFY MODEL IS GETTING RECOGNITION
RANKED AS ONE OF THE TOP TEN ACCELERATORS IN THE US IN 2015
@AMPLIFYLA
KEEP UP WITH AMPLIFY
15
Want more presentations like this from Amplify?
@AMPLIFYLA
GET OUR MONTHLY UPDATES:
amplify.la/join
AMPLIFY LA TECH SCENE
@AMPLIFYLA
ERIC PAKRAVAN | @EPAKRAVAN

Weitere ähnliche Inhalte

Was ist angesagt?

Majority World Report 2016 - Web Summit Lisbon
Majority World Report 2016 - Web Summit Lisbon Majority World Report 2016 - Web Summit Lisbon
Majority World Report 2016 - Web Summit Lisbon Saul Klein
 
Majority World Report 2015 - Dublin Web Summit
Majority World Report 2015 - Dublin Web SummitMajority World Report 2015 - Dublin Web Summit
Majority World Report 2015 - Dublin Web SummitSaul Klein
 
Beyond the Bubble Feb 2016
Beyond the Bubble  Feb 2016Beyond the Bubble  Feb 2016
Beyond the Bubble Feb 2016Saul Klein
 
Deloitte Fast50 - Nov 2015
Deloitte Fast50 - Nov 2015Deloitte Fast50 - Nov 2015
Deloitte Fast50 - Nov 2015Saul Klein
 
Smart Cookie - Embracing Tech. Charlotte Childs, Digital Surrey, 27/02/2014
Smart Cookie - Embracing Tech. Charlotte Childs, Digital Surrey, 27/02/2014Smart Cookie - Embracing Tech. Charlotte Childs, Digital Surrey, 27/02/2014
Smart Cookie - Embracing Tech. Charlotte Childs, Digital Surrey, 27/02/2014Charlotte Childs
 
Majority World Report 2014
Majority World Report 2014Majority World Report 2014
Majority World Report 2014Saul Klein
 
State of GovTech Market Report - 2016
State of GovTech Market Report - 2016State of GovTech Market Report - 2016
State of GovTech Market Report - 2016Dustin Haisler
 
Kenney & Zysman - The Rise of the Platform Economy (Spring 2016 IST)x
Kenney & Zysman - The Rise of the Platform Economy (Spring 2016 IST)xKenney & Zysman - The Rise of the Platform Economy (Spring 2016 IST)x
Kenney & Zysman - The Rise of the Platform Economy (Spring 2016 IST)xMartin Kenney
 
10 Laws of Government Sales & Marketing
10 Laws of Government Sales & Marketing10 Laws of Government Sales & Marketing
10 Laws of Government Sales & MarketingDustin Haisler
 
Finolab, Japan, March 2020
Finolab, Japan, March 2020Finolab, Japan, March 2020
Finolab, Japan, March 2020Chris Skinner
 
Barclays Hyperconnected Conference
Barclays Hyperconnected ConferenceBarclays Hyperconnected Conference
Barclays Hyperconnected ConferenceSaul Klein
 
Casestudypownership
CasestudypownershipCasestudypownership
CasestudypownershipMattRogero
 
GGV Capital Cross-Border Opportunities
GGV Capital Cross-Border OpportunitiesGGV Capital Cross-Border Opportunities
GGV Capital Cross-Border OpportunitiesGGV Capital
 
Andreas Tschas - Pioneers - Building Startup Marketplaces in Europe & Asia - ...
Andreas Tschas - Pioneers - Building Startup Marketplaces in Europe & Asia - ...Andreas Tschas - Pioneers - Building Startup Marketplaces in Europe & Asia - ...
Andreas Tschas - Pioneers - Building Startup Marketplaces in Europe & Asia - ...Burton Lee
 
6 TIPS to SURVIVE the 2nd MACHINE AGE
6 TIPS to SURVIVE the 2nd MACHINE AGE6 TIPS to SURVIVE the 2nd MACHINE AGE
6 TIPS to SURVIVE the 2nd MACHINE AGEFloown
 
What's Wrong with the Silicon Valley Growth Model (Extended UCL Lecture)
What's Wrong with the Silicon Valley Growth Model (Extended UCL Lecture)What's Wrong with the Silicon Valley Growth Model (Extended UCL Lecture)
What's Wrong with the Silicon Valley Growth Model (Extended UCL Lecture)Tim O'Reilly
 
Latin commexpo 2013 las vegas welcome and latin america communications market...
Latin commexpo 2013 las vegas welcome and latin america communications market...Latin commexpo 2013 las vegas welcome and latin america communications market...
Latin commexpo 2013 las vegas welcome and latin america communications market...Estuardo Robles
 

Was ist angesagt? (20)

Majority World Report 2016 - Web Summit Lisbon
Majority World Report 2016 - Web Summit Lisbon Majority World Report 2016 - Web Summit Lisbon
Majority World Report 2016 - Web Summit Lisbon
 
Majority World Report 2015 - Dublin Web Summit
Majority World Report 2015 - Dublin Web SummitMajority World Report 2015 - Dublin Web Summit
Majority World Report 2015 - Dublin Web Summit
 
Beyond the Bubble Feb 2016
Beyond the Bubble  Feb 2016Beyond the Bubble  Feb 2016
Beyond the Bubble Feb 2016
 
Deloitte Fast50 - Nov 2015
Deloitte Fast50 - Nov 2015Deloitte Fast50 - Nov 2015
Deloitte Fast50 - Nov 2015
 
Smart Cookie - Embracing Tech. Charlotte Childs, Digital Surrey, 27/02/2014
Smart Cookie - Embracing Tech. Charlotte Childs, Digital Surrey, 27/02/2014Smart Cookie - Embracing Tech. Charlotte Childs, Digital Surrey, 27/02/2014
Smart Cookie - Embracing Tech. Charlotte Childs, Digital Surrey, 27/02/2014
 
Majority World Report 2014
Majority World Report 2014Majority World Report 2014
Majority World Report 2014
 
State of GovTech Market Report - 2016
State of GovTech Market Report - 2016State of GovTech Market Report - 2016
State of GovTech Market Report - 2016
 
Kenney & Zysman - The Rise of the Platform Economy (Spring 2016 IST)x
Kenney & Zysman - The Rise of the Platform Economy (Spring 2016 IST)xKenney & Zysman - The Rise of the Platform Economy (Spring 2016 IST)x
Kenney & Zysman - The Rise of the Platform Economy (Spring 2016 IST)x
 
10 Laws of Government Sales & Marketing
10 Laws of Government Sales & Marketing10 Laws of Government Sales & Marketing
10 Laws of Government Sales & Marketing
 
Finolab, Japan, March 2020
Finolab, Japan, March 2020Finolab, Japan, March 2020
Finolab, Japan, March 2020
 
Barclays Hyperconnected Conference
Barclays Hyperconnected ConferenceBarclays Hyperconnected Conference
Barclays Hyperconnected Conference
 
The Innovator #3
The Innovator #3The Innovator #3
The Innovator #3
 
Casestudypownership
CasestudypownershipCasestudypownership
Casestudypownership
 
GGV Capital Cross-Border Opportunities
GGV Capital Cross-Border OpportunitiesGGV Capital Cross-Border Opportunities
GGV Capital Cross-Border Opportunities
 
Andreas Tschas - Pioneers - Building Startup Marketplaces in Europe & Asia - ...
Andreas Tschas - Pioneers - Building Startup Marketplaces in Europe & Asia - ...Andreas Tschas - Pioneers - Building Startup Marketplaces in Europe & Asia - ...
Andreas Tschas - Pioneers - Building Startup Marketplaces in Europe & Asia - ...
 
6 TIPS to SURVIVE the 2nd MACHINE AGE
6 TIPS to SURVIVE the 2nd MACHINE AGE6 TIPS to SURVIVE the 2nd MACHINE AGE
6 TIPS to SURVIVE the 2nd MACHINE AGE
 
What's Wrong with the Silicon Valley Growth Model (Extended UCL Lecture)
What's Wrong with the Silicon Valley Growth Model (Extended UCL Lecture)What's Wrong with the Silicon Valley Growth Model (Extended UCL Lecture)
What's Wrong with the Silicon Valley Growth Model (Extended UCL Lecture)
 
Latin commexpo 2013 las vegas welcome and latin america communications market...
Latin commexpo 2013 las vegas welcome and latin america communications market...Latin commexpo 2013 las vegas welcome and latin america communications market...
Latin commexpo 2013 las vegas welcome and latin america communications market...
 
The Future of Human Potential
The Future of Human PotentialThe Future of Human Potential
The Future of Human Potential
 
Practical guide for a revolution
Practical guide for a revolutionPractical guide for a revolution
Practical guide for a revolution
 

Andere mochten auch

Competitive cities for jobs and growth. What, who and how.
Competitive cities for jobs and growth. What, who and how.Competitive cities for jobs and growth. What, who and how.
Competitive cities for jobs and growth. What, who and how.Moscow Urban Forum
 
Magic Leap Pitch (Development, Manufacturing and Launch Plans)
Magic Leap Pitch (Development, Manufacturing and Launch Plans)Magic Leap Pitch (Development, Manufacturing and Launch Plans)
Magic Leap Pitch (Development, Manufacturing and Launch Plans)Nicholas Ng
 
The Ultimate Investor Pitch Deck Template
The Ultimate Investor Pitch Deck TemplateThe Ultimate Investor Pitch Deck Template
The Ultimate Investor Pitch Deck TemplateCrowdfunder
 
The 10 most interesting slides that helped our SaaS company raise 9 million
The 10 most interesting slides that helped our SaaS company raise 9 millionThe 10 most interesting slides that helped our SaaS company raise 9 million
The 10 most interesting slides that helped our SaaS company raise 9 millionGoCanvas
 
The deck we used to raise $270k for our startup Castle
The deck we used to raise $270k for our startup CastleThe deck we used to raise $270k for our startup Castle
The deck we used to raise $270k for our startup Castleentercastle
 
Mixpanel - Our pitch deck that we used to raise $65M
Mixpanel - Our pitch deck that we used to raise $65MMixpanel - Our pitch deck that we used to raise $65M
Mixpanel - Our pitch deck that we used to raise $65MSuhail Doshi
 
The slide deck we used to raise half a million dollars
The slide deck we used to raise half a million dollarsThe slide deck we used to raise half a million dollars
The slide deck we used to raise half a million dollarsBuffer
 

Andere mochten auch (12)

Hyperloop One
Hyperloop OneHyperloop One
Hyperloop One
 
Competitive cities for jobs and growth. What, who and how.
Competitive cities for jobs and growth. What, who and how.Competitive cities for jobs and growth. What, who and how.
Competitive cities for jobs and growth. What, who and how.
 
Magic Leap
Magic LeapMagic Leap
Magic Leap
 
Hyperloop
HyperloopHyperloop
Hyperloop
 
Hyperloop
HyperloopHyperloop
Hyperloop
 
Magic Leap Pitch (Development, Manufacturing and Launch Plans)
Magic Leap Pitch (Development, Manufacturing and Launch Plans)Magic Leap Pitch (Development, Manufacturing and Launch Plans)
Magic Leap Pitch (Development, Manufacturing and Launch Plans)
 
The Ultimate Investor Pitch Deck Template
The Ultimate Investor Pitch Deck TemplateThe Ultimate Investor Pitch Deck Template
The Ultimate Investor Pitch Deck Template
 
The 10 most interesting slides that helped our SaaS company raise 9 million
The 10 most interesting slides that helped our SaaS company raise 9 millionThe 10 most interesting slides that helped our SaaS company raise 9 million
The 10 most interesting slides that helped our SaaS company raise 9 million
 
Square Pitch Deck
Square Pitch DeckSquare Pitch Deck
Square Pitch Deck
 
The deck we used to raise $270k for our startup Castle
The deck we used to raise $270k for our startup CastleThe deck we used to raise $270k for our startup Castle
The deck we used to raise $270k for our startup Castle
 
Mixpanel - Our pitch deck that we used to raise $65M
Mixpanel - Our pitch deck that we used to raise $65MMixpanel - Our pitch deck that we used to raise $65M
Mixpanel - Our pitch deck that we used to raise $65M
 
The slide deck we used to raise half a million dollars
The slide deck we used to raise half a million dollarsThe slide deck we used to raise half a million dollars
The slide deck we used to raise half a million dollars
 

Ähnlich wie LA Tech & Venture Scene 2016 | Amplify.LA

There is Something Going on in the LA Tech Market by Upfront Ventures
There is Something Going on in the LA Tech Market by Upfront VenturesThere is Something Going on in the LA Tech Market by Upfront Ventures
There is Something Going on in the LA Tech Market by Upfront VenturesMark Suster
 
NTxApps Challenge: #IoT kickoff at Dialexa
NTxApps Challenge: #IoT kickoff at DialexaNTxApps Challenge: #IoT kickoff at Dialexa
NTxApps Challenge: #IoT kickoff at DialexaBlake Burris
 
Final LA tech and venture landscape
Final LA tech and venture landscapeFinal LA tech and venture landscape
Final LA tech and venture landscapeMark Suster
 
What Will It Take to Build a Real Tech Ecosystem in Ukraine - Ukraine Financi...
What Will It Take to Build a Real Tech Ecosystem in Ukraine - Ukraine Financi...What Will It Take to Build a Real Tech Ecosystem in Ukraine - Ukraine Financi...
What Will It Take to Build a Real Tech Ecosystem in Ukraine - Ukraine Financi...Vitaly Golomb
 
Exponential Convergence 2018
Exponential Convergence 2018Exponential Convergence 2018
Exponential Convergence 2018Azeem Azhar
 
Hax @ hardware.co - 8 things
Hax @ hardware.co - 8 thingsHax @ hardware.co - 8 things
Hax @ hardware.co - 8 thingsBen Joffe
 
LUMA's State of Digital Marketing at DMS West 17
LUMA's State of Digital Marketing at DMS West 17LUMA's State of Digital Marketing at DMS West 17
LUMA's State of Digital Marketing at DMS West 17LUMA Partners
 
Are We In a Bubble? #Wayra #CorpAccel #AcceleratedStartup
Are We In a Bubble? #Wayra #CorpAccel #AcceleratedStartupAre We In a Bubble? #Wayra #CorpAccel #AcceleratedStartup
Are We In a Bubble? #Wayra #CorpAccel #AcceleratedStartupVitaly Golomb
 
Growing columbus 2019
Growing columbus 2019Growing columbus 2019
Growing columbus 2019Randy Dean
 
Technology Education Millionare Game
Technology Education Millionare GameTechnology Education Millionare Game
Technology Education Millionare Gamebenedijr
 
New palo alto briefing - june 12th 2019
New palo alto briefing  - june 12th 2019New palo alto briefing  - june 12th 2019
New palo alto briefing - june 12th 2019Localglobe
 
Global Technology Trends & Startup Hubs 2015
Global Technology Trends & Startup Hubs 2015Global Technology Trends & Startup Hubs 2015
Global Technology Trends & Startup Hubs 2015Bernard Moon
 
Digital Transformation Stanwick
Digital Transformation StanwickDigital Transformation Stanwick
Digital Transformation StanwickScopernia
 
Hax: Disruption Through Hardware
Hax: Disruption Through HardwareHax: Disruption Through Hardware
Hax: Disruption Through HardwareHAX
 
Industry Concentration and Risk
Industry Concentration and RiskIndustry Concentration and Risk
Industry Concentration and RiskAlastair Townsend
 
Global Cities Initiative DC
Global Cities Initiative DCGlobal Cities Initiative DC
Global Cities Initiative DCstevosauruss
 

Ähnlich wie LA Tech & Venture Scene 2016 | Amplify.LA (20)

There is Something Going on in the LA Tech Market by Upfront Ventures
There is Something Going on in the LA Tech Market by Upfront VenturesThere is Something Going on in the LA Tech Market by Upfront Ventures
There is Something Going on in the LA Tech Market by Upfront Ventures
 
Nola bio lunch 2012(4)
Nola bio lunch 2012(4)Nola bio lunch 2012(4)
Nola bio lunch 2012(4)
 
NTxApps Challenge: #IoT kickoff at Dialexa
NTxApps Challenge: #IoT kickoff at DialexaNTxApps Challenge: #IoT kickoff at Dialexa
NTxApps Challenge: #IoT kickoff at Dialexa
 
Final LA tech and venture landscape
Final LA tech and venture landscapeFinal LA tech and venture landscape
Final LA tech and venture landscape
 
What Will It Take to Build a Real Tech Ecosystem in Ukraine - Ukraine Financi...
What Will It Take to Build a Real Tech Ecosystem in Ukraine - Ukraine Financi...What Will It Take to Build a Real Tech Ecosystem in Ukraine - Ukraine Financi...
What Will It Take to Build a Real Tech Ecosystem in Ukraine - Ukraine Financi...
 
Exponential Convergence 2018
Exponential Convergence 2018Exponential Convergence 2018
Exponential Convergence 2018
 
LA is...
LA is...LA is...
LA is...
 
Hax @ hardware.co - 8 things
Hax @ hardware.co - 8 thingsHax @ hardware.co - 8 things
Hax @ hardware.co - 8 things
 
LUMA's State of Digital Marketing at DMS West 17
LUMA's State of Digital Marketing at DMS West 17LUMA's State of Digital Marketing at DMS West 17
LUMA's State of Digital Marketing at DMS West 17
 
1qtr16
1qtr161qtr16
1qtr16
 
Honestumest
HonestumestHonestumest
Honestumest
 
Are We In a Bubble? #Wayra #CorpAccel #AcceleratedStartup
Are We In a Bubble? #Wayra #CorpAccel #AcceleratedStartupAre We In a Bubble? #Wayra #CorpAccel #AcceleratedStartup
Are We In a Bubble? #Wayra #CorpAccel #AcceleratedStartup
 
Growing columbus 2019
Growing columbus 2019Growing columbus 2019
Growing columbus 2019
 
Technology Education Millionare Game
Technology Education Millionare GameTechnology Education Millionare Game
Technology Education Millionare Game
 
New palo alto briefing - june 12th 2019
New palo alto briefing  - june 12th 2019New palo alto briefing  - june 12th 2019
New palo alto briefing - june 12th 2019
 
Global Technology Trends & Startup Hubs 2015
Global Technology Trends & Startup Hubs 2015Global Technology Trends & Startup Hubs 2015
Global Technology Trends & Startup Hubs 2015
 
Digital Transformation Stanwick
Digital Transformation StanwickDigital Transformation Stanwick
Digital Transformation Stanwick
 
Hax: Disruption Through Hardware
Hax: Disruption Through HardwareHax: Disruption Through Hardware
Hax: Disruption Through Hardware
 
Industry Concentration and Risk
Industry Concentration and RiskIndustry Concentration and Risk
Industry Concentration and Risk
 
Global Cities Initiative DC
Global Cities Initiative DCGlobal Cities Initiative DC
Global Cities Initiative DC
 

LA Tech & Venture Scene 2016 | Amplify.LA

  • 1. AMPLIFY LA TECH SCENE @AMPLIFYLA ERIC PAKRAVAN | @EPAKRAVAN
  • 2. 2 VENTURE CAPITAL LANDSCAPE SOURCE: COMPASS GLOBAL STARTUP ECOSYSTEM RANKING 2015 RANK GLOBAL STARTUP ECOSYSTEM 1 2 3 4 5 6 7 8 Silicon Valley New York City Los Angeles Boston Tel Aviv London Chicago Seattle 9 Berlin 10 Singapore '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 16 18 18 21 19 17 17 23 23 28 37 49 7 7 7 7 7 6 7 8 9 10 14 15 4 3 3 4 4 5 6 6 Seed Series A Series B $40M $30M $20M $10M $50M MEDIAN PRE-MONEY VALUATIONS BY SERIES '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 $80B $60B $40B $20B $100B U.S. VC ACTIVITY BY YEAR 80K 60K 40K 20K 10K ($) (# DEALS) @AMPLIFYLA SOURCE: PITCHBOOK SOURCE: PITCHBOOK
  • 3. 3 LOS ANGELES @AMPLIFYLA METRO TOTAL VC FUNDS RAISED SINCE 2006 ($B) 2.7 1.5 1.9 3.4 4.8 35.5 7.7 117.8 Los Angeles San Diego Austin Chicago Washington DC San Jose Seattle San Francisco 43.6New York 41.2Boston TOTAL VC INVESTED SINCE 2010 ($B) VC INVESTED TO FUNDS RAISED 21.3 9.4 6.6 8.3 8.2 43.3 8.4 101.4 33.9 30.7 789% 627% 347% 244% 171% 122% 109% 86% 78% 75% LA STARTUPS CONTINUE TO ATTRACT MORE OUTSIDE CAPITAL THAN ANY OTHER U.S. METRO “I'd definitely be short New York and long LA” — Peter Thiel, Managing Partner, Founders Fund SOURCE: PITCHBOOK 2016 NET OUTSIDE CAPITAL ($B) 18.6 7.9 4.7 4.9 3.4 7.8 0.7 -16.4 -9.7 -10.5
  • 4. 4 LOS ANGELES IT’S NO LONGER A DEBATE, LOS ANGELES HAS EMERGED AS A MAJOR TECHNOLOGY HUB. LOS ANGELES VENTURE CAPITAL 2010 2011 2012 2013 2014 2015 FUNDING RAISED IN L.A. & O.C. $4.8 BILLION COMPANIES FUNDED (2015) 479 EXITS (2015) 67 COMPANIES CALLING LOS ANGELES HOME L.A. GRADUATES MORE ENGINEERS THAN ANY OTHER METRO IN THE UNITED STATES.* $4B $3B $2B $1B *ACCREDITATION BOARD FOR ENGINEERING & TECHNOLOGY Acquired by Opera ($350M)Acquired by Apple ($3B) Acquired by AT&T ($300M) Acquired by Alliance ($2.3B) $5B @AMPLIFYLA SOURCE: PITCHBOOK
  • 5. 5 LOS ANGELES INPUTS OUTPUTS CAPITAL THE DEMISE OF MYSPACE LED TO A PROLIFERATION OF TECH ACTIVITY IN LA THE MYSPACE EFFECT STARTUPS @AMPLIFYLA
  • 6. 6 LOS ANGELES LA TECH IS ALREADY MAKING IMPACTS OUTSIDE OF THE TECH SPHERE WESTSIDE OFFICE RENTS PERCENT CHANGE SINCE 2011 RENT BY SQUARE FOOT THE SNAPCHAT EFFECT SOURCE: AVISON YOUNG 0% 20% 40% 60% 80% 100% 120% Venice M arina D elRey CulverCity Playa Vista Santa M onica Brentw ood Venice Marina Del Rey Culver City Playa Vista Santa Monica Brent- wood 2015 $6.35 $3.59 $3.45 $3.98 $4.86 $4.01 2014 $6.15 $3.20 $3.04 $3.39 $4.33 $3.53 2013 $5.65 $2.94 $2.95 $3.31 $4.24 $3.20 2012 $3.68 $2.59 $2.80 $3.07 $4.42 $3.15 2011 $3.12 $2.60 $2.61 $3.03 $3.79 $3.19 @AMPLIFYLA
  • 7. 7 VENTURE CAPITAL IN LOS ANGELES ACCELERATORS SEED SERIES A TRADITIONAL ACCELERATORS CORPORATE/VERTICAL ACCELERATORS SEED FUNDS MICRO VCS SERIES A FUNDS CORPORATE & FAMILY/EVERGREEN FUNDS @AMPLIFYLA HEALTHCARE ACCELERATOR (CEDARS SINAI) + MUSIC ACCELERATOR
  • 8. 8 A HISTORY OF LA TECH PRE-BUBBLE ERA POST-BUBBLE ERA NOW (RESURGENCE) - 2000 2000 - 2008 2008 - @AMPLIFYLA
  • 9. 9 WHY LA? 1. Large market Quick access to early users/customers — There are 17.9 million residents in the five-county area, and nearly 10 million in Los Angeles County 2. Large, well-trained workforce & a major center for higher education Access to talent — 8.8 million person workforce and 121 campuses of higher education 3. Excellent access to national and international markets The ports of Los Angeles and Long Beach are numbers one and two in the nation in terms of container traffic handled. In 2011, two-way trade flows through the Los Angeles Customs District totaled $387 billion 4. Diversified economic base Most people think of LA as the “three-legged” economy – aerospace, movies, and tourism. In reality there are 14 significant industry clusters 6. A major force in apparel design and manufacturing LA is #1 in the nation in apparel manufacturing employment. Over 88,000 people work in apparel design, manufacturing and wholesaling 5. A leader in technology & engineering design Nearly 33,300 people work in computer systems design and software publishing activities. Four of the top ten design firms in the U.S. are located in Los Angeles County. These are supported by 9 engineering schools 7. A leading design center In addition to apparel design, Los Angeles is also a center for the design of autos, furniture and home furnishings items, and toys 8. A major force in the entertainment industry The motion picture/TV production industry employs over 159,900 people, and generates receipts of $55.9 billion 9. A transportation leader LA is famous for its traffic so it’s no surprise that LA is a leader in “intelligent highways” technology and more 10. The weather and geography 329 days of sunshine Source: Los Angeles County Economic Development Corporation @AMPLIFYLA
  • 10. 10 LEADING LA SECTORS IN TECH GAMING ECOMMERCE ONLINE MEDIA CONTRIBUTING FACTORS LOCAL LEADERS KEY STATS CONTRIBUTING FACTORS LOCAL LEADERS KEY STATS CONTRIBUTING FACTORS LOCAL LEADERS KEY STATS Film Industry Talent (Storytellers & animators) “Studio-style” investors Large diverse market Manufacturing Industry Access to influencers Financial infrastructure Pacific port city Hollywood/Film Studios Talent (actors, writers, editors) Access to influencers Access to content investors $900M Investors poured over into social media and consumer web startups in LA in 2015LA & Long Beach are largest two ports in the United States E3 E3 in Los Angeles is the world’s preeminent gaming expo. @AMPLIFYLA
  • 11. 11 EMERGING LA SECTORS IN TECH KEY STATS KEY STATS $2B Facebook purchased OC based Oculus for $37M has been invested in Elon Musk affiliated 4th mode transportation upstart Hyperloop Technologies @AMPLIFYLA CONTRIBUTING FACTORS LOCAL LEADERS Oculus Survios HypeVR CONTRIBUTING FACTORS LOCAL LEADERS Faraday Future SpaceX Hyperloop One Film industry USC Institute for Creative Technologies Access to content investors NASA’s JPL Lockheed Martin Boeing WEVR SurfAir Talent (Storytellers, animators, game developers) Engineering Talent (Caltech, USC, Harvey Mudd) VIRTUAL REALITY TRANSPORTATION
  • 12. 12 VIRTUAL REALITY SOURCE: PITCHBOOK RANK COMPANY 1 2 3 4 5 6 7 8 Oculus Magic Leap LENSAR** Jaunt Blippar Vuforia Matterport Avegant 9 NextVR 10 Playful % OF VR DEALS BY CATEGORY Q1'12 Q3'12 Q1'13 Q3'13 Q1'14 Q3'14 Q1'15 Q3'15 $200M $150M $100M $50M $250M AR/VR INVESTMENT ACTIVITY* 40 30 20 10 50 ($) (# DEALS)$ RAISED $2.1B* $1.2B $191.1M $101.3M $70.1M $65M $57.7M $37M $36M $33M *EXCLUDING MAGIC LEAP 2% 6% 18% 19% 27% 28% Commercial & Industrial Infrastructure & Tools Content Hardware Discovery & Distribution Social SOURCE: MARK LINAO FOR CB INSIGHTS @AMPLIFYLA
  • 13. 13 WHAT’S AMPLIFY? PORTFOLIO CAPITAL RAISED $75M $150M $225M $300M 2012 2013 2014 2015 2016 $1M $12M $32M $90M $250M $250M IN 4 YEARS 5-15%$50K-$250k INITIAL CHECK SIZE SELECT PORTFOLIO COMPANIES 10-15 COMPANIES PER YEAR 55 PORTFOLIO COMPANIES 6 SHUT DOWN 6 ACQUIRED WE ACCEPT <1% OF APPLICATIONS AMPLIFY PORTFOLIO Oded Noy MANAGING DIRECTOR Kris Bjornerud EXECUTIVE DIRECTOR Eric Pakravan SENIOR ASSOCIATE Paul Bricault MANAGING DIRECTOR Richard Wolpert VENTURE PARTNER AMPLIFY TEAM Amplify is LA’s leading startup accelerator based in Venice Beach. With over 150 active mentors, a flexible curriculum and an incredible team, we continue to find unique ways to leverage our network in both sourcing opportunities and supporting our portfolio. @AMPLIFYLA
  • 14. 14 WE’VE REDEFINED THE ACCELERATOR TRADITIONAL ACCELERATORSAMPLIFY (CLASSES & COHORTS) (SET ECONOMICS) (DEMO DAYS) (STATIC CURRICULUM) (FIXED PROGRAM LENGTH) ROLLING ADMISSIONS FLEXIBLE ECONOMICS ON-GOING INVESTOR SUPPORT DYNAMIC CURRICULUM OPEN PROGRAM LENGTH THE AMPLIFY MODEL IS GETTING RECOGNITION RANKED AS ONE OF THE TOP TEN ACCELERATORS IN THE US IN 2015 @AMPLIFYLA
  • 15. KEEP UP WITH AMPLIFY 15 Want more presentations like this from Amplify? @AMPLIFYLA GET OUR MONTHLY UPDATES: amplify.la/join
  • 16. AMPLIFY LA TECH SCENE @AMPLIFYLA ERIC PAKRAVAN | @EPAKRAVAN