Google relocates to a building in Venice. Don't know how many jobs it creates, as the relocation is largely an amalgamation of existing spaces, but it's seen as good news for LA.
The move has Austin Beutner's fingerprints all over it, according to Venice LA Patch.
Other mayoral candidates were apparently unavailable for comment, and it's easy to understand why: most of them, like Council President Eric Garcetti, are beholden to the Los Angeles Alliance for a New Economy, an organization devoid of actual economists, which thinks boycotting Amazon for not paying taxes they don't even owe is a sound economic idea.
Since those initial meetings, the city has reclassified Internet companies out of a higher, media company tax bracket and created a three-year "tax holiday" for new or relocating companies in the city, said former Deputy Mayor for Economic Development Austin Beutner, who resigned in the spring to launch his own mayoral campaign.
"My aspiration would be to have Los Angeles become known as a world center of creative content, not just in traditional platforms but in newer platforms," Beutner told Patch.
The phrase "creative content" may be the key to the success of Silicon Beach, a term which has come to signify the burgeoning Internet businesses along the western edge of Los Angeles.
Los Angeles combines intellectual capital, a diverse community and a history of creative enterprise, Beutner said. "Combined, those three things are pretty powerful."