L.A. venture numbers take dive

Those quarterly numbers on venture capital funding always get widespread coverage, even if some of the results don’t necessarily jive with what everybody thinks is happening. Such is the case with the second quarter when L.A.-area venture capital investments nosedived 84 percent from the previous three months. What’s especially weird is that venture investments in the Bay area and Orange County hit five-year highs. The explanation is that investments for entertainment-related start-ups dried up in L.A. Dried up or maxed out?