I was in France and the UK for business last week so I was a bit out of the tech news cycle and more focused on the world events that were happening nearby.

But one tech news story stood out for me — the fact that LA-based Dollar Shave Club (DSC) was sold to Unilever for $1 billion. This continues to solidify Los Angeles’ place as a major player in the global tech ecosystem and while any one success doesn’t define a city — the number of high-profile startups and exits has definitely increased.