Why your tech startup should be in Los Angeles

When you think of Los Angeles, what comes to mind? Botoxed actresses, beachside trysts, Hollywood blockbusters and earthquakes maybe. Internet startups likely never made your list, but they should have.

Some of the most successful online companies to date call L.A. home, including eHarmony, Overture (acquired by Yahoo for $2 billion in 2003) and MySpace, which famously sold to Rupert Murdoch for $580 million in 2005. So there must be something about Lalaland that makes it a great place for startups.

For one, Los Angeles is the second largest designated market area (DMA) in the country, so “you’re starting with a natural talent pool of very interesting people, and also, a market from which to sell your goods and services into”, explains Laura Rich of Fast Company.

Rich lists a few more reasons why you should start a company in Los Angeles.