From today's article in Venture Capital Journal:

Unlike Silicon Valley—where VCs and entrepreneurs have gathered in places like Bucks and Il Fornaio for years—Los Angeles doesn’t have longstanding networking locales. “The scene in LA changes so fast that if we had a spot the next month it would be lame and no one would want to be seen there,” says Andrew Warner, a 33-year-old who moved to the area after selling a small online contest startup he and his kid brother had started in 2003.But LA does seem to be ditching its haphazard networking model to one more akin to Silicon Valley, with regular mixers and meetings and lunches. Warner’s latest company, Mixergy, brings entrepreneurs and investors together once a month, often at places such as Fox Interactive.

The article was written by Senior Editor, Constance Loizos.

Update: "kid brother" Michael noticed a small error. We sold (not started) in '03.