Monthly Archives: February 2012

Congress Crafts Compromise on Spectrum Auctions

As part of their work on the payroll tax extension legislation, Congressional leaders have included a very important provision that authorizes voluntary incentive auctions for wireless spectrum. We applaud Chairmen Upton and Walden as well as the FCC Chairman Genachowski for their leadership. Despite the politics, compromise ruled the day, demonstrating that Congress and the FCC understand that our spectrum crunch is a very real threat and not in any way theoretical.

If the promise of this compromise becomes reality, it will be a banner day for California’s technology and innovation community.  Given how instrumental the innovation economy is to our nation – and how desperately we need access to more spectrum – we are counting the days until we can say, “let the auctions begin.”

Spotlight: LA Tech Winter

By Mara Peterson

I was thrilled to be a part of the lucky few to secure a ticket to “Spotlight: LA Tech Winter,” a quarterly event hosted by TechZulu that showcases the latest and greatest startups from the Los Angeles tech community.  Excitement grew with the arrival of local entrepreneurs, students, investors and other courageous Angelinos who braved the rush hour traffic to gather and share ideas in the name of technology.  To my right sat an investor at a small scale VC firm enthusiastic to find his next portfolio company.  To my left sat a CEO of a startup, his first of many from the enthusiastic words that rolled off his tongue a mile a minute.

In short, this event truly captured the essence of the LA tech scene and serves as a great reminder of the growth of an economic force in the region that really didn’t blossom until quite recently.