Upfront Summit: Steve Ballmer, Meg Whitman, and Even Paris Hilton
Rachel Uranga covers the intersection of business, technology and culture. She is a former Mexico-based market correspondent at Reuters and has worked for several Southern California news outlets, including the Los Angeles Business Journal and the Los Angeles Daily News. She has covered everything from IPOs to immigration. Uranga is a graduate of the Columbia School of Journalism and California State University Northridge. A Los Angeles native, she lives with her husband, son and their felines.
- Upfront Summit will bring together top names in media, tech and finance from singer John Legend to Quibi CEO Meg Whitman
- Sustainability, climate change, white privilege and streaming are on the agenda
- The Takeaway: Upfront set to attract investors backed with billions in capital
Upfront Ventures kicks off its technology and startup conference on Wednesday, and this year's lineup includes everyone from Clippers chairman Steve Ballmer to Netflix content chief Ted Sarandos. And, given the event is in Hollywood's back yard, musician John Legend, Ice Cube, and even Paris Hilton are set to speak.
The Upfront Summit, now in its eighth year, is expected to attract more than 1,200 attendees flocking to the Rose Bowl Jan. 29-30. The invite-only event brings together a diverse mix of entrepreneurs networking with venture players armed with billions of dollars in capital, and headlined by presentations from business leaders including Quibi Chief Executive Meg Whitman, Union Square Ventures' Fred Wilson, and Idealab founder Bill Gross.
And this year's conference is expected to take on a theme of sustainability, with panelists like Gross, addressing climate change. The topic takes on more significance this week after Amazon workers threatened to protest about their company's environmental stance, despite threats of termination if they do.
"If the world doesn't solve its sustainability problem, there is no world," said Upfront Managing Partner Mark Suster. "As a result we are not only solving society's biggest problems, but that's where a lot of the money goes."
The event will also tackle issues of diversity and white privilege, along with panels on venture capital, entrepreneurship and the changing media landscape. The summit, which will be live-streamed for the first time, was originally started as a way to counter what Suster believes was a perception that investors were reluctant to sink money into Los Angeles because "it's an entertainment town."
Indeed, today's Los Angeles economy thrives from a cross-pollination of companies where SpaceX sits alongside the scientific community, and tech titans like Snap or Riot Games co-exist with retail ventures like Dollar Shave Club and Sweetgreen.
The convergence of Hollywood and technology are certainly going to be front-and-center at this year's conference. The meteoric rise of Netflix, Amazon Prime Video, and Hulu launched a streaming war that lured in competitors from Apple to Quibi. NBCUniversal got into the action on Jan. 16 when it announced the launch of its Peacock streamer.
Celebrities, whose eye-catching names add a bit of glitz to the Upfront Summit, can't be counted out. After all, this is the town where Ashton Kutcher jumped into the venture capital game, Gwyneth Paltrow launched Goop, and Jessica Alba unveiled Honest Co.
That's certainly a boon to Southern California, where the entertainment industry pumped $115.7 billion into the Los Angeles and Orange County economies (including consumer and other ancillary spending). Los Angeles county is also the nation's top manufacturing base.
For Suster, the conference has the added bonus of giving Upfront a better view about potential investments. The Santa Monica-based firm is one of the region's largest and oldest venture capital players known for its early and seed investment in companies like TrueCar, Maker Studios and Ring. And there's some money to spend. Last year it filed with the Securities and Exchange Commission to raise $250 million in an Upfront Growth III fund for later stage companies. "We are proudly long L.A.," Suster said.
Links to the conference agenda and the livestream can be found here.
Upfront Ventures holds a non-controlling, minority interest in dot.LA.
Subscribe to our newsletter to catch every headline.
It's almost 90 degrees outside in Los Angeles as lines of cars pull up to Dodger Stadium, home to a mass vaccination site that opened Friday.
"Please make sure that they're not under the sun in the cart," Edith Mirzaian is telling a volunteer as she directs the person to put ice packs on coolers that hold up to 20 COVID vaccines. Mirzaian is a USC associate professor of clinical pharmacy and an operational lead at one of California's largest vaccination sites.
- Healthvana Sends Vaccination Records to Apple, Google Wallet ... ›
- Curative will Administer Vaccines at Dodger Stadium - dot.LA ›
Despite — or in many cases because of — the raging pandemic, 2020 was a great year for many tech startups. It turned out to be an ideal time to be in the video game business, developing a streaming ecommerce platform for Gen Z, or helping restaurants with their online ordering.
But which companies in Southern California had the best year? That is highly subjective of course. But in an attempt to highlight who's hot, we asked dozens of the region's top VCs to weigh in.
We wanted to know what companies they wish they would have invested in if they could go back and do it all over again.
Hottest<img lazy-loadable="true" src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDk5MzIyNS9vcmlnaW4ucG5nIiwiZXhwaXJlc19hdCI6MTY1OTQ3MjQ2OH0.JYCNMjYvosYa5SI7701CH_jMFbeFdMcRCChXt442cq0/img.png?width=980" id="4a086" class="rm-shortcode" data-rm-shortcode-id="f2f18f0bc4400a388e43736c560ff87f" data-rm-shortcode-name="rebelmouse-image" alt="PopShop Live logo" />
Boiling<img lazy-loadable="true" src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDk5MzIyOC9vcmlnaW4ucG5nIiwiZXhwaXJlc19hdCI6MTY2MzI5MjYwMn0.h7Nq7GiwXTcg_7Io5WEXblFX0rWQHxn69RzluTh7n_Q/img.png?width=980" id="44eea" class="rm-shortcode" data-rm-shortcode-id="d02c4cad650c987721ff91ee939a5bf7" data-rm-shortcode-name="rebelmouse-image" alt="Scopely logo" />
Simmering<img lazy-loadable="true" src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDk5MzMxNi9vcmlnaW4ucG5nIiwiZXhwaXJlc19hdCI6MTY1NjM4MjQ5Mn0.XSHQfru9tTpdeBqd_ecb--8DiZg_vdyOtF9ZV9zAG78/img.png?width=980" id="f1665" class="rm-shortcode" data-rm-shortcode-id="ccc0b78dd8ae8cda9bf95979e83506fd" data-rm-shortcode-name="rebelmouse-image" />
Warming Up<img lazy-loadable="true" src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDk5MzYwOS9vcmlnaW4ucG5nIiwiZXhwaXJlc19hdCI6MTY3MzQ1MzE4OX0.fS5XtGx4M-tqWecrth6NCHawGSg2aSkb-yR-cY3wbtU/img.png?width=980" id="c6334" class="rm-shortcode" data-rm-shortcode-id="aa7476f8a6216fed6b372d8a59876a6b" data-rm-shortcode-name="rebelmouse-image" />
- Los Angeles' Tech and Startup Scene is Growing. - dot.LA ›
- The dot.LA/ Pitchbook Top 50 LA Startups for 2020 Q2 - dot.LA ›
- dot.LA/Pitchbook 50 Hottest Los Angeles Companies - dot.LA ›