Contents

Despite its economic might, Los Angeles remains an also-ran in the race for venture capital. 25-27

Local venture capitalist J. Christopher Lewis of Riordan, Lewis & Haden offers his views on the industry. 28

How L.A. Mayor Richard Riordan amassed a fortune in venture capital. 29-30

The daily routine of venture capitalist James Gauer is anything but routine. 30-31

Brentwood Venture Capital is the closest L.A. comes to the big leagues. 32-33

Profiles: A look at 10 venture capital firms operating in the Los Angeles area 33-36

Bastion Capital Corp. 33

Chase Capital Partners 33

Enterprise Partners 34

Kline Hawkes California L.P. 34

Levine Leichtman Capital Partners 34

Media Technology Ventures 35

Peregrine Ventures 35

William E. Simon & Sons Private Equity 36

Trident Capital Inc. 36

Union BanCal Venture Corp. 36

Fund-seekers who fail to secure venture capital can hit pay dirt via several alternative routes. 37

How Silicon Valley came to dominate the venture capital arena. 38-39

Entrepreneur Ted White used hard work and a solid business plan to snag $16 million in first-round funding. 39-40

Commentary: Southern California will emerge as a thriving hub of venture capital activity, says Massoud Entekhabi of Coopers & Lybrand 41