2011 Research: Venture Capital Growth in Southern California

2011 Research: Venture Capital Growth In Southern California
by Bree Nguyen
Advised by Dr. Tayyeb Shabbir, California State University Dominguez Hills

I presented an overview of my research and a preview of my results at Research Day on Feb. 24, 2011 at California State University Dominguez Hills and again at the 25th Annual Statewide CSU Research Competition.

My research took top honors at the CSUDH Research Day and at the Statewide Competition. My research was recognized by the CSU System and the City of Carson where CSUDH is located.

I am currently working on continuing my research.

You can download the presentation here:

Some of the questions brought up by the panel, I will be sure to include in my paper forthcoming:
- Identify growth patterns in different technology sectors
- Highlight the implications positive or negative of having more venture capital in Southern California
- Identify any policies on the demand side that we might be able to implement in our universities to help connect students and research with venture capitalists.

Here is my abstract:

Title: Venture Capital Growth in Southern California: The New “Silicon Valley”?
During the last 15 years, venture capital and private equity funds have grown to become an important driver of U.S. technology innovation and entrepreneurial success. The U.S. venture industry is a relatively young industry and is typically associated with Northern California’s Silicon Valley which represents over 40% of all U.S. venture capital funding today. However, within the last ten years, Southern California has emerged as a new leader in technology and has attracted venture capital funding at a faster pace than any other region in the U.S. This study analyzes the rapid growth of venture capital finance in Southern California and provides an analysis of the economic factors that have contributed to that growth. The analysis focuses on the ten-year growth rate of Southern California venture funded companies across 23 technology sectors and highlights trends based on the total number of companies funded, the round of funding, and the size of the investment. Regional economic and market factors are highlighted and investigated where Southern California venture funding trends differ from other regions. It compares this analysis with that of venture capital activity on a national level and offers a forecast of Southern California venture capital funding.