What happened to Silicon Beach? Why L.A.’s tech sector hasn’t lived up to the hype

High atop a Century City tower with floor-to-ceiling views of the Westside, a group of venture capitalists, other investors and startup founders picked at charcuterie boards, sipped drinks and debated the future of tech ventures in the Los Angeles area.

The mood was upbeat. L.A. is a sleeping tech giant, they said, home to a diverse range of successful companies, including dating app Tinder, Riot Games and Hawthorne-based SpaceX.

But when the subject turned to the once-hyped Silicon Beach, there were grimaces.

Read more at the Los Angeles Times.