California's Silicon Valley remains by far the dominant arena for high-tech startups and venture capitalists looking to back innovative projects.
But Europe is starting to make its mark on the startup scene. London, Paris and Berlin are starting to hold their own as more and more European startups look to compete on the global stage and attract investors.
For the last 18 years, the Essence Music Festival has been the go-to event for African-Americans, especially African-American women. For three days in New Orleans, hundreds of thousands show up for R&B and gospel concerts and panels on politics, financial planning and parenting.
If it's a party, as creator George Wein describes it, it's a party with a purpose.
"New Orleans is a party city and they party," Wein says. "People party here. If you go to the hotels — 40-floor hotels — [there's] like 40 floors of parties."