Watch: Exploring Relativity Space With Tim Ellis and Spencer Rascoff

Annie Burford

Annie Burford is dot.LA's director of events. She's an event marketing pro with over ten years of experience producing innovative corporate events, activations and summits for tech startups to Fortune 500 companies. Annie has produced over 200 programs in Los Angeles, San Francisco and New York City working most recently for a China-based investment bank heading the CEC Capital Tech & Media Summit, formally the Siemer Summit.

Watch: Exploring Relativity Space With Tim Ellis and Spencer Rascoff

dot.LA Co-founder and Executive Chairman Spencer Rascoff speaks with Relativity Space Co-Founder and CEO Tim Ellis about 3D printing in manufacturing, going to Mars, and the future of the new space race in the latest Strategy Session.

Strategy Session: Exploring Relativity Space With Tim Ellis and Spencer Rascoffwww.youtube.com



​Tim Ellis

Tim Ellis is the co-founder and CEO of Relativity, the first autonomous factory and launch service for rockets. Relativity recently created the largest robotic metal 3D printer in the world and has tested our entirely 3D printed Aeon rocket engine over 180 times. Previously responsible for bringing metal 3D printing into Jeff Bezos' Blue Origin, and a propulsion development engineer on Crew Capsule RCS thrusters, BE-4, and New Glenn. Alumni of USC and played a leadership role in launching the first student designed and built rocket into near space. Testified to the US Senate on commercial space policy and is the youngest member on the National Space Council UAG by nearly 2 decades, and directly advises the United States White House on all space policy. Has spoken at numerous conferences including CBInsights Aha! and TEDx. Relativity is backed by Playground Global, Social Capital, Y Combinator, Mark Cuban, USC, and Stanford.

​Spencer Rascoff

Spencer Rascoff is an entrepreneur and company leader who co-founded Zillow, Hotwire and dot.LA, and who served as Zillow's CEO for a decade. He is currently executive chairman of dot.LA and a board member at TripAdvisor. In the fall of 2019 Spencer was a Visiting Executive Professor at Harvard Business School where he co-taught the "Managing Tech Ventures" course. In 2015, Spencer co-wrote and published his first book, the New York Times' Best Seller "Zillow Talk: Rewriting the Rules of Real Estate." Spencer is the host of "Office Hours," a monthly podcast on dot.LA featuring candid conversations between prominent executives on leadership, diversity and inclusion, and startups.

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🎓 LA’s Startup Edge

Los Angeles is a key center for tech and entrepreneurship, driven by its major universities. Caltech produced a “founding father” of artificial intelligence and USC's Viterbi School collaborates with industry and has produced companies like Riot Games.


Image Source: UCLA

University of California, Los Angeles (UCLA)

UCLA is a major source of tech talent in LA, granting approximately 2,000 engineering degrees from Bachelor’s of Science to Ph.D.s annually. The university fosters innovation through:

  • Startup UCLA: An on-campus accelerator program that provides mentorship, funding, and resources to student entrepreneurs.
  • Anderson School of Management: Offers entrepreneurship programs and hosts startup competitions.
Companies Founded by UCLA Alumni: ChowNow by Eric Jaffe; Blizzard Entertainment by Mike Morhaime; BAM Ventures, LegalZoom.com & The Honest Company by Brain Lee


Image Source: USC

University of Southern California (USC)

USC is another key player in developing LA's tech workforce offering numerous programs and resources for aspiring entrepreneurs, including the Viterbi Startup Garage, USC Stevens Center for Innovation, and the Lloyd Greif Center for Entrepreneurial Studies, which provides over 68 entrepreneurship courses taught by 27 professors and practitioners.The university fosters innovation through:

Companies Founded by USC Alumni: Riot Games by Brandon Beck and Marc Merrill; Salesforce by Marc Benioff


Image Source: CalTech

California Institute of Technology (Caltech)

Caltech is a significant contributor to the tech talent pool in Los Angeles, producing around 600 graduates annually across various STEM fields, with a large portion likely in engineering disciplines. Additionally, Caltech alumni have founded 238 startup companies between 1995 and 2016, with 35% still active as of 2016, demonstrating the institution's strong support for entrepreneurship and innovation in the region. The university fosters innovation through:

  • Caltech Entrepreneurs Club: This student-run organization aims to develop Caltech's startup ecosystem through educational speaker series, networking events, and collaboration with administration to establish a founder-friendly environment.
  • Caltech Innovation Center: Provides startups with space to test, develop, grow, and commercialize deep technology ideas collaboratively.

Companies Founded by Caltech Alumni: Intel by Gordon Moore, Quora by Adam D’Angelo, and John McCarthy one of the “founding fathers” of Artificial Intelligence


Image Source: Pepperdine University

Pepperdine University

Pepperdine University contributes to Los Angeles' tech talent pool through its strong entrepreneurship programs and MBA offerings that emphasize innovation and startup development. 33% of its MBA students are actively working on startups during their studies and 85% are aspiring to start businesses

Companies Founded by Pepperdine Alumni: Eventbrite by Julia Hartz

These universities are crucial in developing LA's tech talent pool, offering programs that bridge the gap between academia and industry. Their initiatives in entrepreneurship and partnerships with local startups are helping to create a robust tech ecosystem in Los Angeles.

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🎤 What Do Snoop Dogg And Anduril Have In Common?
Image Source: WWD

🔦 Spotlight

Happy Friday Los Angeles!

Snoop Dogg’s role at the 2024 Paris Olympics highlights a groundbreaking synergy between celebrity influence and high-impact innovation, much like Anduril’s disruptive advancements in defense technology (hear us out). In order to convey the impact of Snoop Dogg’s presence in the 2024 Paris Olympics, we thought it would be appropriate to do it littered with VC and tech jargon. Snoop Dogg’s presence at the 2024 Paris Olympics exemplifies a disruptive innovation with expansive market appeal. As NBC’s special correspondent, he’s leveraged his unique personal brand to create a high-impact engagement strategy that delivers exceptional viewer retention and engagement metrics. By integrating his “gangsta rap” roots with family-friendly content, Snoop has achieved a synergistic blend of authenticity and relatability, driving record-breaking ratings and optimizing cross-platform visibility. His involvement—from elite equestrian gear to athlete interactions—demonstrates a scalable model for enhancing brand partnerships and maximizing audience touchpoints. Snoop's strategic pivot not only redefines celebrity influence but also sets a new benchmark for leveraging cultural icons in a way that drives growth and amplifies impact across diverse demographics. As Snoop puts it, “My mind on my money and my money on my mind”—a statement that deeply resonates with the MVP of the 2024 Paris Olympics and the venture capital community.

Speaking of high-impact innovation and money, Palmer Luckey’s defense tech startup, Anduril, has raised $1.5 billion and unveiled its new AI-powered manufacturing platform, Arsenal, aimed at producing tens of thousands of autonomous weapons annually. This funding, led by Founders Fund and Sands Capital, underscores a shift in military strategy towards high-tech, low-cost systems and rapid production capabilities. Inspired by tech giants like Apple and Tesla, Anduril's Arsenal platform and expansion efforts, including a new factory, are designed to address critical US military shortages and support the Pentagon’s focus on scalable, autonomous defense solutions amidst evolving global threats. Both Snoop Dogg and Anduril, based in the OC/LA area, embody how innovation and influence can reshape industries, proving that groundbreaking advancements and cultural impact are thriving on the West Coast.


🤝 Venture Deals

LA Companies

  • Agrovision, a company that grows and sells premium fruits like blueberries, raspberries, blackberries, and table grapes, raised a $100M funding round at a $1b valuation from Aliment Capital, and others. - learn more
  • LeafAgriculture, a farm data management startup, raised an $11.3M Series A led by Spero Ventures, with Cultivian, Radicle Growth, and SP Ventures also participating. - learn more
  • Curio, a web3 game development company, raised a $5.7M Seed Round. Bain Capital Crypto and SevenX Ventures co-led, and were joined by OKX Ventures. - learn more
  • ProRata.ai, a startup that collaborates with media and music companies to ensure proper attribution and revenue sharing for content used by AI platforms, raised a $25M Series A. Investors included Mayfield, Revolution Ventures, Prime Movers Lab, and Idealab Studio. - learn more
  • Anduril, the Costa Mesa-based defense tech startup, has closed a $1.5B Series F that values the company at a whopping $14 billion co-led by Founders Fund and Sands Capital. - learn more
  • Filmustage, a startup that has built an AI-powered platform designed to enhance the film pre-production phase, raised a $1.5M Seed Round led by Raw Ventures. - learn more

LA Venture Funds

  • 1AM Gaming led a $5M Seed Round for DSTLRY, a startup that offers a marketplace for buying, reading, and reselling digital comics. - learn more
  • Casa Verde led a $2M Seed Round for Growlink, a Denver company whose tech, including IoT controllers, sensors, and cultivation software, is specifically designed to optimize cannabis growing operations. - learn more


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💰Bankruptcy to Billion Dollar Sale: Impressive LA Startup Success Stories

In the wake of the latest jobs report and its impact on the stock market, we thought it might be refreshing to shine a light on some LA startup success stories. Los Angeles has long been a fertile ground for interesting startups, fostering innovation and entrepreneurship across various industries. Among its success stories are Ring, Riot Games, SpaceX, Dollar Shave Club, and Fabletics—each of which has made a significant impact in its field.


Image Source: Amazon

Ring, originally conceived as DoorBot, was created in 2013 by Jamie Siminoff in Los Angeles, California, with the goal of revolutionizing home security. The idea sparked in 2011 when he kept missing deliveries because he was in his garage and hadn’t been able to hear the doorbell, leading him to create a smartphone-connected doorbell that allowed homeowners to see and communicate with visitors remotely. Despite initial struggles, including being on the verge of bankruptcy and a rejection on Shark Tank, where Siminoff sought $700,000 for a stake in the company, the exposure from the show propelled sales and visibility. In 2014, the company rebranded to Ring, and its innovative products, including the iconic Ring Video Doorbell, quickly gained popularity, ultimately leading to its acquisition by Amazon in 2018 for approximately $1 billion, marking a significant milestone in the smart home industry.


Image Source: Riot Games

Riot Games was founded in September 2006 by Brandon Beck and Marc Merrill in Santa Monica, California. The inception of Riot Games was driven by Beck and Merrill's shared vision to create a game that emphasized longevity and continuous player engagement. With an initial funding of $1.5 million from family and angel investors, they set out to develop League of Legends, a game that would go on to redefine the multiplayer online battle arena (MOBA) genre and become a cornerstone of the esports industry. The company’s commitment to a player-first approach and its innovative free-to-play model, which generated revenue through in-game purchases, quickly garnered a massive following. Riot Games' headquarters in West Los Angeles became the birthplace of a global gaming phenomenon, solidifying its status as a major player in both game development and esports.


Image Source: SpaceX

SpaceX was born out of Elon Musk's ambitious vision to reduce space transportation costs and enable the colonization of Mars. In 2002, after selling his stake in PayPal, Musk founded Space Exploration Technologies Corp. (SpaceX) in a small office in El Segundo. The company's humble beginnings in the heart of Southern California's aerospace industry were marked by skepticism from established players. From this Los Angeles base, SpaceX would go on to revolutionize the space industry, developing reusable rockets and becoming the first private company to send astronauts to the International Space Station, all while maintaining its significant presence in the region for nearly two decades before announcing plans to move its headquarters to Texas in 2024.


Image Source: TIME

Dollar Shave Club was founded in 2011 in Venice, California, by Michael Dubin and Mark Levine, who were inspired by their frustrations with the high cost of razor blades. The duo's innovative approach combined a subscription model with a humorous marketing strategy, launching with a viral YouTube video that showcased their product in a lighthearted manner. This video quickly garnered millions of views and led to an overwhelming response, crashing their website shortly after launch. Dollar Shave Club's success not only disrupted the traditional razor market dominated by giants like Gillette but also paved the way for a new wave of direct-to-consumer brands, ultimately culminating in its acquisition by Unilever for $1 billion in 2016.


Image Source: Fabletics

Fabletics, the popular activewear brand co-founded by actress Kate Hudson in 2013, began its journey in Los Angeles, California. The company was established with the vision of providing stylish and high-performance athletic apparel that caters to a diverse range of body types and lifestyles. Fabletics operates on a unique membership model, allowing customers to access exclusive discounts and personalized shopping experiences. Since its inception, the brand has rapidly expanded, launching various product lines, including men's apparel and scrubs, and has become known for its collaborations with celebrities like Kevin Hart and Khloé Kardashian. Fabletics has successfully positioned itself as a leader in the activewear market, emphasizing inclusivity and community engagement while revolutionizing the way consumers approach fitness fashion.

From redefining home security to revolutionizing gaming, these LA startups showcase the city's extraordinary ability to innovate across a diverse array of industries.


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