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A Very Short History of LA Tech | Re/code

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It does seem like the consistent story is success then failure:

For that job, a lot of government money in the late 1960s went to Southern California universities, to such Internet pioneers as Leonard Kleinrock at the University of California at Los Angeles and Jon Postel at the University of Southern California.

From this foundation of hard-core engineers, many of the Internet’s important commercial players emerged.

That includes Sky Dayton, who built up EarthLink, one of the earliest and largest Internet service providers. And Bill Gross, founder of many tech companies, such as the pioneering paid-search company, which later become Overture. And Chris DeWolfe and Tom Anderson, who builtMyspace, the early social network that was once the most-visited site on the Internet. And Richard Rosenblatt, who created Demand Media, the content-creation startup.

All impressive, except that many of these early rock-star entrepreneurs in the LA area were quickly chastened by dramatic failure, which may have made them more cautious. Today, some of them are actually pretty down on LA tech. But if you ask them about what has been happening in the last year, their eyes do seem to light up.

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