Google purchases huge property in Los Angeles

More Google offices mean more quality engineers, many of whom may eventually launch their own ventures in Los Angeles, which in turn will lure more investors and more developers, said Paige Craig, a prolific angel investor who lives in Venice. That self-perpetuating cycle will boost the tech economy, he said.

The deal also underscores the region’s growing influence as a breeding ground for new forms of digital entertainment.

By Roger Vincent and Andrea Chang

Los Angeles Times

Full Story: http://www.mercurynews.com/business/ci_27059570/google-purchases-property-los-angeles