Upfront Ventures Managing Partner Mark Suster talks with Recode’s Kara Swisher about leading the oldest and largest venture capital firm in Los Angeles. He explains why he rejects the term “Silicon Beach,” preferring “LA Tech,” and what people miss when they think of Southern California as a less-techie place than Silicon Valley. Suster says the increasingly common overfunding of tech companies and overpaying of tech workers in the San Francisco area are discouraging innovation. He also discusses how the geography of entrepreneurship in SoCal is changing, why Upfront-backed smart doorbell maker Ring sold to Amazon, and what people get wrong about one of LA's sexiest tech companies, Snap. Learn more about your ad choices. Visit podcastchoices.com/adchoices
No persons identified in this episode.
This episode hasn't been transcribed yet
Help us prioritize this episode for transcription by upvoting it.
Popular episodes get transcribed faster
Other episodes from Decoder with Nilay Patel
Transcribed and ready to explore now
Amazon’s Panos Panay on the long road to Alexa’s AI overhaul
03 Mar 2025
Decoder with Nilay Patel
Vimeo CEO Philip Moyer is betting on the human touch — and AI
24 Feb 2025
Decoder with Nilay Patel
DeepSeek, Stargate, and the new AI arms race
30 Jan 2025
Decoder with Nilay Patel
How Ciena keeps the internet online, with CEO Gary Smith
27 Jan 2025
Decoder with Nilay Patel
Why CEO Matt Garman is willing to bet AWS on AI
13 Jan 2025
Decoder with Nilay Patel
Answering your biggest Decoder questions
20 Dec 2024
Decoder with Nilay Patel