Morning News 5/4: Dave Goldberg RIP, Snapchat Displaces 50 Venice Businesses

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Launch / Yahoo Music founder DAVE GOLDBERG passed suddenly Friday night. Dave went on to grow Survey Monkey as CEO, and is survived by his brother, his mother, his wife Sheryl Sandberg, and their two children. Dave was a helluva centered, balanced, and kind-hearted man, both in his personal and professional life. He will be sorely missed by a TON of people whose lives he touched the world over. (link)
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The rumors are true — SNAPCHAT signed a 10-year lease for the lofts behind Zinque at Abbot Kinney & Venice Blvd. Although I’m very rah-rah LA tech, I’m not so hot on this move, since it does not address the inefficiencies of having Snapchat’s business units spread across multiple buildings, a huge issue that would be solved by housing the ever-growing company under one, larger roof.

Let me be clear — I am not against Snapchat in any way, but I do not think that moving into a space that Snapchat is already too big for will alleviate their growing pains. Crazy thing is, I nearly ran over a half dozen employees Friday morning who were trying to dodge cars going 25 MPH while jaywalking across Pacific Ave, Macbook Pros open in hand, while what, having an offsite at Mao’s Kitchen?

I am also concerned about how this growth will displace a lot of the character that makes neighborhoods like Venice so funky, especially by adding traffic, boosting rental prices, and displacing 50 1-4 person businesses in such a dense area. I saw this play out in SF in the 90’s, let’s learn from those mistakes and keep a bit of balance to the area while we grow thank you. (link)
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Perhaps a few of the businesses displaced by Snapchat will move into area co-working spaces such as Real Office Center, Hatch, Cross Campus, Blankspaces, Expert Dojo, and CTRL Collective, but a lot of these migrating businesses will require dedicated space for heavy equipment unique to their businesses.

For everyone else, CAPITAL ONE recently launched what will be a huge trend in urban areas: branded co-working spaces, with free wi fi, meeting space, and coffee, subsidized by large corporations in hopes of making themselves amenable to your growing enterprise. The Capital One 360 space is located at Santa Monice & Sepulveda, near the Tesla showroom at the 405.

SENSAY got Tech Crunch coverage this morning (link)
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Check out drone footage of the “Pitch Deck” atop UPFRONT VC‘s soon-to-be-completed new offices

The cast of SILICON VALLEY dropped by the Writers Guild for a Q&A

LATINOS WHO CODE held an event Saturday

Yang Camp hosted YOUTH PITCH DAY at Mictosoft’s Playa Vista offices

Councilman MIKE BONIN hosted Bike with Mike in the neighborhood adjacent to Playa Vista

Area shops hosted FREE COMIC BOOK DAY

TWO BIT CIRCUS went to Paris

WOMEN IN MEDIA hosted a Speed Mentoring Event on the CBS lot

ZUMA VENTURES & THREE DAY RULE threw a White Party at the Viceroy

Here’s a really interesting read on the guys that launched America’s EDM festival movement

And although New Mexico may get the first location, surely the second location will be near Sony’s Culver City studios?

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Scott Perry -- LA Tech Digest founder

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