His start-up Viddy, launched in early 2011, created a smartphone app that allows people to capture, enhance and share video and already has 40 million registered users. He’s raised more than $38 million in funding. And more would-be investors are circling, wondering if Viddy could be the next Instagram, the photo app that earlier this year sold to Facebook for $1 billion.
But Viddy isn’t based in the technology hotbeds of Silicon Valley and San Francisco. “It would have been a lot more challenging to create a business like this up there,” O’Brien says. Instead, Silicon Beach, a roughly 3-mile stretch of sand from Venice to Santa Monica, is home to Viddy and a host of other young tech companies with an entertainment, celebrity or mobile edge.
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