Ben Bergman is the newsroom's senior reporter, covering venture capital. Previously he was a senior business reporter and host at KPCC, a senior producer at Gimlet Media, a producer at NPR's Morning Edition, and produced two investigative documentaries for KCET. He has been a frequent on-air contributor to business coverage on NPR and Marketplace and has written for The New York Times and Columbia Journalism Review. Ben was a 2017-2018 Knight-Bagehot Fellow in Economic and Business Journalism at Columbia Business School. In his free time, he enjoys skiing, playing poker, and cheering on The Seattle Seahawks. Follow him on Twitter.
Los Angeles is the worst big city for women working in tech in the nation with females making only 82 cents for every dollar that their male counterparts pull in, according to a new report from the financial website SmartAsset that considers the gender pay gap, earnings after housing costs, women's representation in the tech workforce and four-year tech employment growth.
Eighty-two cents on the dollar is close to the national average. But, L.A.'s ranking was hurt most by the city's notoriously high housing costs. The report estimates women earn $44,517 after paying for a place to live, compared to $55,745 nationally.
'I Just Really Liked Their Vibe:' Serial Entrepreneur Brian Lee on How He Landed L.A.'s Biggest Exit and What Drives Him Crazy About Other VC's
As one of the founding fathers of the L.A. tech scene, Brian Lee is used to having entrepreneurs pitch him on ideas. What does he look for? It's not so much a business plan or even an idea. He says he goes off a vibe.
That's how he ended up being the first investor in the deal-finding browser add-on Honey, which was bought late last year by PayPal for $4 billion in what ranks as the biggest acquisition L.A. has seen to date.
Fusion LA, a Santa Monica early-stage accelerator that provides nascent software startups from Israel's booming tech scene an entree into the U.S. market, is upping its initial investment to $110,000. That's up from the $20,000 checks it has written since the program started in 2017.
"We're betting on Silicon Beach to be the next big hub for Israeli entrepreneurs," Yair Vardi, founding partner of Fusion LA, told dot.LA.