SILICON VALLEY -- Entrepreneurs and venture capitalists are bringing the Silicon Valley vibe to cities around the globe.
Los Angeles is fast becoming a key city for Internet-related businesses. In June, about 2,000 entrepreneurs and venture capitalists gathered at a luxury hotel in Marina del Ray there. Snapchat, a short-term photo-sharing app provider, and TrueCar, which operates a website that posts price comparisons for automobiles, are based in Los Angeles. LA's beautiful seaside location of Santa Monica is now known as Silicon Beach.
Image: Entrepreneurs and venture capitalists gather at a networking event in Silicon Beach. - http://asia.nikkei.com