After months of searching for the right location, we are pleased to announce the official opening of our newest office in Los Angeles! Armed with years of experience, working in the most job-generating cities around the world, we noticed a new trend emerging in Southern California that really caught our attention. This is not buzz, rumor, or hopeful predictions. LA has officially become the most up-and-coming hotspot for jobs in tech – and, like you, we go where the jobs are.
While San Fran’s Silicon Valley has always been hailed as the Rome of tech startups, (and still is, basically), saturation has led to a decrease in opportunities for newcomers, while the cost of living has become a legendary aspiration killer. The same can be said, of course, for other cities such as London and New York. A new home for explosive tech companies was bound to rear its head sooner or later. It was only a matter of time.
In L.A., living expenses are still relatively low, and therefore, talent pools are increasing; for example, according to L.A. BIZ, tech-related job searches in sunny, beach-y Southern California are now starting to outpace those to the north. This is besides that fact that many young candidates are simply looking to stick around after graduating with an engineering degree from any one of the many local educational institutions, such as USC, UCLA, Caltech, Harvey Mudd, and LMU.
BOTTOM LINE: L.A. IS A PRIME LOCATION FOR BREEDING THE NEXT WAVE OF TECH JOBS AND STARTUPS.
In 2016, roughly $3 billion was funneled into the startup scene of Los Angeles, lately dubbed “Silicon Beach,” giving life support to many up-and–coming tech firms. A city once solely focused on the cash flow from entertainment and celebrity power was finally showing its tech geek side – a side that had been quietly evolving along the country’s well-known tech job hubs for years, but without access to vital funding.
Now, L.A. has become the third-leading entrepreneurial city in the country, and ranks first in gaming, e-commerce, and online media. And the money keeps on coming…
Being the smart recruitment company that we are, we simply followed the trail – for where there is demand, there are job opportunities. We looked over the 70 some odd co-working spaces that have emerged in Los Angeles over the last year or so (another sign of the times) and found our spot.
As always, we want to generate as much work for the local tech and sales scene as possible – and we will. But, aside from our traditional aims, there is an extra special opportunity to take advantage of during this interesting, transitional period for startups and job seekers…
LOS ANGELES CLIENTELE TO BENEFIT FROM BETTS’ EXCLUSIVE DATA
After our recent, annual salary trends report was analyzed by the top thought leaders and executives in the industry – as outlined in Betts’ 2017 sales trends article – there was a consensus in how tech startups should consider growing over the next year and beyond, or risk falling behind the competition.
With advancing technologies taking root at the workplace, such as automation, AI, machine learning, and IoT-based analytical software, there has emerged a new business model for smarter growth and increased cash flow. As a result, certain roles are gaining importance and value.
Betts has the inside look at how to take advantage of these trends, and we are ready to get our L.A. clients up to speed.
Betts is ready to help introduce all the intricate details of this developing infrastructure to the tech world of SoCal – and use our new location to usher in the next level in recruiting and staffing. We cannot wait to show our companies and candidates how to hire better, work smarter, and change with the times.