Tech/Hollywood incubator funded by big names

The idea is to provide a few start-up firms with four months of seed capital, office space, and intense mentorship, and then see what happens. Amplify opens in Venice with $4.5 million in funding from the likes of producers Brian Grazer and Mark Burnett, investors Tim Draper and Gordon Crawford, and Google's Eric Schmidt. From Socal Tech:

The accelerator joins a long list of accelerators to ramp their efforts in the region recently, including Science (Mike Jones), LaunchLA (Mark Suster), MuckerLab (Erik Rannala), Start Engine (Howard Marks), UpstartLA (Dan Dato and Bruce Brown), K5Launch (Amir Banafatemi, Ray Chan, David Cheng, and Kai Tao)--just to name a few.

Interesting how the national tech press is playing up these incubation efforts as something new for L.A. when in fact efforts by David Bohnett and others have been part of the Socal tech landscape for many years.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent Economy stories:
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Exit interview with Port of L.A.'s executive director
L.A. developers relying on foreign investors bend a few rules
Holiday shopping: On your marks, get set... spend!

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook