We cannot beg, shame or coerce venture capitalists into putting their money on the table in more diverse regions. But if we stay focused on building our own world-class entrepreneurial ecosystems, we won't have to. It will happen naturally.
Entrepreneurs hold the keys to spark innovation that corporations lack. In 2013, we saw more corporations interacting with the startup community and doing things they have never done before. Why are they doing this?
Being a mentor and an investor at an accelerator is also a wonderful opportunity to invest in smart people that bring innovation and have an impact in society's welfare by supporting small businesses that create new jobs.
L.A. is a glamorous and high profile locale to many, yet it's developed a bit of a bad reputation for those on the job market. In fact, last month unemployment in L.A. and Long Beach higher than both the national and statewide averages.
Technology has led to ongoing disruptions in industries ranging from music to publishing, but our government has been left behind. But now that's hopefully about to start to change, right here in San Francisco.