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What’s happening here is part of a growing movement of U.S. cities seeking to duplicate the formula that turned northern California’s Silicon Valley, slightly south of San Francisco, into a mecca of society-shifting innovation and immense wealth

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In this Sept. 27, 2014 photo, a man in a dress shirt and sport jacket skateboards his way along the Venice beach boardwalk in Los Angeles. The relocation of tech companies to southern California is part of a growing movement of U.S. cities seeking to duplicate the formula that turned northern California’s Silicon Valley, slightly south of San Francisco, into a mecca of society-shifting innovation and immense wealth.Richard Vogel

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In this Saturday, Sept. 27, 2014 photo a man rides his bicycle while carrying his surfboard along Venice beach section of Los Angeles. The relocation of tech companies to southern California is part of a growing movement of U.S. cities seeking to duplicate the formula that turned northern California’s Silicon Valley, slightly south of San Francisco, into a mecca of society-shifting innovation and immense wealth.Richard Vogel

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In this Aug. 12, 2014 photo, Erik Rannala, left, and William Hsu, founders of technology incubator MuckerLab, pose for photos at their offices in Santa Monica, Calif. The relocation of tech companies to southern California is part of a growing movement of U.S. cities seeking to duplicate the formula that turned northern California’s Silicon Valley, slightly south of San Francisco, into a mecca of society-shifting innovation and immense wealth.Jae C. Hong

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In this Aug. 12, 2014 photo, employees of Rivalry Games work on their computers at technology incubator MuckerLab, in Santa Monica, Calif. The relocation of tech companies to southern California is part of a growing movement of U.S. cities seeking to duplicate the formula that turned northern California’s Silicon Valley, slightly south of San Francisco, into a mecca of society-shifting innovation and immense wealth.Jae C. Hong

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In this Aug. 12, 2014 photo, Lotto Inc. CEO Arieh Movtady works on his computer at technology incubator MuckerLab, in Santa Monica, Calif. The relocation of tech companies to southern California is part of a growing movement of U.S. cities seeking to duplicate the formula that turned northern California’s Silicon Valley, slightly south of San Francisco, into a mecca of society-shifting innovation and immense wealth.Jae C. Hong

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In this July 1, 2014 photo, Jason Ahmad, top, Epoxy TV chief product officer and co-founder, and Juan Bruce, right, CEO and co-founder, pose for photos at the headquarters of the company, in a Venice, Calif. complex formerly occupied by the late actor Dennis Hopper. The relocation of tech companies to southern California is part of a growing movement of U.S. cities seeking to duplicate the formula that turned northern California’s Silicon Valley, slightly south of San Francisco, into a mecca of society-shifting innovation and immense wealth.Jae C. Hong

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In this July 1, 2014 photo, Jason Ahmad, top, Epoxy TV employees work at the company's headquarters in a Venice, Calif. complex formerly occupied by the late actor Dennis Hopper. The relocation of tech companies to southern California is part of a growing movement of U.S. cities seeking to duplicate the formula that turned northern California’s Silicon Valley, slightly south of San Francisco, into a mecca of society-shifting innovation and immense wealth.Jae C. Hong

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In this July 1, 2014 photo, Dollar Shave Club CEO and co-founder Michael Dubin poses for photos at the company's headquarters in Venice, Calif. The relocation of tech companies to southern California is part of a growing movement of U.S. cities seeking to duplicate the formula that turned northern California’s Silicon Valley, slightly south of San Francisco, into a mecca of society-shifting innovation and immense wealth. Dubin says the Venice scene has helped his online razor service recruit employees.Jae C. Hong

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In this May 25, 2010 file photo, people walk along the beach near the pier in Santa Monica, Calif. The relocation of tech companies to southern California is part of a growing movement of U.S. cities seeking to duplicate the formula that turned northern California’s Silicon Valley, slightly south of San Francisco, into a mecca of society-shifting innovation and immense wealth.Reed Saxon, File

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This Jan. 21, 2011 file photo, the sun sets beyond the Los Angeles skyline, as seen from Dodger Stadium in Los Angeles. The relocation of tech companies to southern California is part of a growing movement of U.S. cities seeking to duplicate the formula that turned northern California’s Silicon Valley, slightly south of San Francisco, into a mecca of society-shifting innovation and immense wealth.Mark J. Terrill, File

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In this Oct. 11, 2013 file photo, the Ferris wheel at Pacific Park on the Santa Monica Pier is illuminated in Santa Monica, Calif. The relocation of tech companies to southern California is part of a growing movement of U.S. cities seeking to duplicate the formula that turned northern California’s Silicon Valley, slightly south of San Francisco, into a mecca of society-shifting innovation and immense wealth.Mark J. Terrill, File

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