Chartreuse (Prince) understands this clearly. He is from New Orleans but has an LA attitude. In his own words he “knows the motherfuckers on the streets.” I think he is right on. The people in Silicon Valley focus on creating the ultimate technology. Los Angeles focuses on the content, good enough technology and creating products for the masses.
So I put these questions out there:
These companies did well because of the environments they are in. MySpace became successful for two things from being in Los Angeles:
1- Hot women. Trendsetters. There are plenty in Los Angeles. This is LA to me:
This is a Silicon Valley Girl:
2- Hot bands. A ton of great bands have come out of Los Angeles. MySpace got them on their site and promoted the hell out of it.
I talked with a friend recently who wanted to move up North to Silicon Valley. Bad move, he is a content based business. The movies are down here, the music is here and all things with trendyness are born in Los Angeles.
Silicon Valley is blinded by AJAX, propriatary technology and tech meetups. The Valley has amazing programmers but is not always aligned with the rest of the world.
I love Silicon Valley and am not knocking it at all. I just wanted to point out the differences and for people to realize where you build your business matters.
From the great words of Ray Croc and McDonald’s: “Location, Location, Location”