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Why Silicon Beach didn t live up to the hype as an LA tech powerhouse

High atop a Century City tower with floor-to-ceiling views of the Westside, a group of venture capitalists, other investors and startup founders picked at charcuterie boards, sipped drinks and debated the future of tech ventures .

Why L A s tech scene has fallen short of the Silicon Beach hype

Investment in tech startups in the Los Angeles region were down 63% last year from 2021, as the city has struggled to promote itself as an alternative to Silicon Valley and New York.

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