City Rankings

Come here. Give daddy some sugar. Come on...

A couple months ago, in my CITY RANKINGS, I researched Los Angeles, the big, car-designed city of America's past.

And it scored among the very highest of all the cities I have reviewed for economic potential in the age of the smartphone wars.

And there was much gnashing of teeth. Particularly, readers from Northern California couldn't believe how high LA scored, particularly compared to San Francisco. Well, now what have we here? Two months later and a report in TechCrunch shows that venture capitalists are looking at the Los Angeles-area as the next big thing.

Go on. Gimme that sugar!

According to the survey the number one location where VCs said they expected to invest in the next year was Southern California. Specifically, 17.4% named Southern California, 12% said they planned to invest in the Southwest and 10.5% said they planned to invest in the Southeast. Only 7.9% of VCs surveyed—most of whom live in Silicon Valley—said they intended to invest in Silicon Valley.