Breaking news from #LAtechweek ‼️
PledgeLA has announced their goal of #50in5, having 50% of all #venturecapital funding in Los Angeles go to women, Black, and Latinx #founders by 2028 👏
This coalition has over 200 VC firms and tech companies. Proud of #LongLA
When visiting a city abroad, what are the signs you see to know that there’s a bunch of expats here?
Mine is seeing matcha and golden milk lattes on the menu often 🍵
I'm seeing a trend of people moving to tier 2 cities like Austin, Nashville, and San Diego and away from tier 1 cities like LA and NYC.
You move to tier 2 cities to live a better life.
You move to tier 1 cities to learn and grow.
But you don't have to choose between the two 👇🏼
Pros of tier 2 cities are pretty apparent: More affordable, less crowded, friendlier people, and great weather.
The cons of tier 2 cities?
Less talent density. Less diversity. Less good ideas.
Tier 1 cities like LA, SF, and New York are hubs of talented, smart, educated people.
There's maybe a dozen cities in the world that has tens of billion-dollar companies, multiple top Universities, and thousands of artists.
They are also crowded, really expensive, and just overall harder places to live.
The ideal living situation is to split time between the hotbed of ideas and talent in a tier 1 city and the quiet high quality life of a tier 2 city.
Between coffee mode (hustle and grind) and beer mode (thought and creativity).
You gotta move, but you also gotta take time to sit and reflect.
A healthy mix between the two is the most ideal.
One of my best decisions was moving to LA. There is so much entrepreneurial energy here.
When I was in NYC I was surrounded by people who wanted to follow the norm. Go the corporate path & climb the corporate ladder.
In LA, I found people who were more open to taking risks, starting their own businesses, & pursuing their passions.
Had so much fun chatting about healthtech and healthcare administration with @UTexasMcCombs students. It was great to hear about everyone’s ambitions on how they want to change the world. 🤘