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CDNPAL is a Los Angeles Start-up company that heavily participated in the Los Angeles start-up community for the past 4 years.
The problem here is that many authors from Norcal are trying to detach Los Angeles from the entertainment industry and reframe it in Silicon Valley's image. Technology in Los Angeles, is just like any other entertainment based industry in Los Angeles. It's who you know, not your idea, or your business plan or x, y, z.
Employees here are interchanged between Hollywood and online services, and this is why it's so different than Norcal.
A lot of the start-ups here are actually funded by actors where they have a few programmers holed up in their basements(cough, Jared Leto), and if that's not the case, the actors simply invest without any direct interaction. And if that's not the case actors and or producers have some way influenced the start-up in one way or another. I am really hard pressed to think of a single Los Angeles based technology start-up not partially or entirely funded by the entertainment industry.
So with that pretext, these technology start-ups in LA are different because they are built with the unique angle and success understanding of the entertainment industry?
What is success for a company in LA? Is it building a super fast and or useful service that's altruistic? Of course not. It's showing as many ads as humanly possible and having the ultimate best click through rate, preroll CTR, and any other comScore type metrics. Or it's getting as many leads to sell as possible on the other hand. The actual content, usefulness, or validity of the project is completely secondary here.
Building businesses on the promise that they may one day be profitable if nurtured just right such as in SF would not work with the short tempered, ADD, run the numbers by me LA crowd.
In LA, you have to have big numbers, you have to have stats, you have to have the right friends and people, or you have nothing. The incubators here like Science are pretty much a joke. It's basically all the former people from MySpace running each and every well known start-up here. And they're not doing well either.
7 months, 2 weeks ago on Are LA investors afraid of risk?
Please explain this discrepancy? Who else is funding this blog? : http://anonypic.com/images/2012/08/28/kRhHZ.jpg
1 year, 3 months ago on Why Isn’t This News: The Baby Stays In The Picture
@paulcarr @cdnpal citation on the about page, just in case it changes:http://anonypic.com/images/2012/07/16/WjTat.jpg
1 year, 4 months ago on Exactly How Screwed Is PayPal? (Hint: Very)
@asemota @sarahcuda " Just get to know her, she is a wonderful person and one of the most fascinating people I have ever met."
I'm sure that if every member of the public got to intimately know every member of the press, we would live in a very different world.
@paulcarr my bad on Jason, what about all the other people on the authors page.?
@asemota, i don't think you really understand what conflict of interest really means, and for SV that is the norm.
@paulcarr "Sarah is the only person from TechCrunch currently employed by PandoDaily" : From PandoDaily's own author page: http://pandodaily.com/authors/ : Sarah Lacy, Paul Carr, Greg Kumparak. Also historically Jason Kincaid, not to mention Crunchfund as an investor amongst a host of other people and companies PandoDaily repeatedly writes about.I don't want to argue with you Paul and the intention of my comments was surely not to pull you into a commenting flame war but rather to have a meaningful discussion with other posters to try to clarify the rollings of SV. Not to put down anyone or this blog.
@asemota @sarahcuda There is a drop on Alexa for this month, but it looks like a typical Alexa statistical bug rather than an honest drop. Compete has Paypal floating between 28M-29M uniques this year: http://siteanalytics.compete.com/paypal.com/ I think Alexa's stats will probably normalize. If this is a huge organized PR attack on Paypal then that's pretty sad.
Most of these Pando Daily people are from TechCrunch and if we look at TechCrunch's history we can see that the only time writers criticized AOL and Tim Armstrong was when they were about to quit.
I maintain that Peter Thiel has a strong influence over PandoDaily, and that whatever Pando Daily writes is tainted with that influence.
"Paypal still holds significant market share." - Yes, they do, if they were about to go their numbers would have dropped significantly and they have not. There is a certain amount of orchestration in the bloggosphere, and you can't deny the overt and sometimes stealth attempts to control the press : http://www.wired.com/business/2011/05/burson-facebook-deletions/ : Oddly these are related to Peter Thiel's biggest and most successful investments.If you think for even a second that the tech bloggosphere is a white room of altruistic integrity then you are very, very naive. And I'm not saying you are, I'm just saying that's the way Silicon Valley rolls.