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Alliance for Southern California Innovation Names Andy Wilson As Director

socalTECH

The Alliance for Southern California Innovation , the nonprofit founed by Steve Poizner to help bolster Southern California's entrepreneurial ecosystem, said on Tuesday that it has named Andy Wilson as its first Executive Director. Momentum Ventures, and other local startups. READ MORE>>.

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Insights and Opinions: Angel and Venture Capital Shareholder Liquidity

socalTECH

For today's Insights and Opinions section, where we feature insights and analysis from the local technology community, we have an article from Jeff Cohn , an entrepreneur and veteran of the angel and VC investment community here in Southern California. However (More.).

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It's Official: Ross Levinsohn Out At Yahoo

socalTECH

Ross Levinsohn , who has been heading up Yahoo as Interim CEO, is officially leaving the firm tomorrow, according to a regulatory filing by Yahoo. The move is not at all surprising or unexpected, given Yahoo's hiring of former Googler Marissa Mayer as CEO earlier this month. READ MORE>>.

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LA Technology Investor Bohnett Appointed To Kennedy Center Board

socalTECH

David Bohnett , the founder of Geocities.com, and currently head of Los Angeles venture capital firm Baroda Ventures , has been appointed as a Trustee to the John F. Baroda Ventures has invested in such companies as DogVacay, GradientX, GraphEffect, LifeCrowd, OVGuide, SurfAir, and Retention Science, among others.

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MetaCloud Raises $10M For Private Cloud Service

socalTECH

Lynch and Curry are technology veterans, having managed cloud deployments for Yahoo and Ticketmaster. metacloud venture capital cloud computing private openstack rackspace deployment management software' The companies said the funding will go towards growth and global expansion of its services. READ MORE>>.

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5 things Silicon Valley gets wrong about Southern California

SoCal Delicious

Mayer on her first 100 days at Yahoo: ‘This job was tailor-made for me’ 1 day ago. Venture capital. 5 things Silicon Valley gets wrong about Southern California. There are a lot of misconceptions about SoCal and it’s time we set them straight. VentureBeat | News About Tech, Money and Innovation.

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VC Confessions: We Passed On Twilio’s Seed Round

InfoChachkie

VC's love to talk about their successes. Yet most VC's bury their failures under six feet of denial. In the startup world, the former happens when a VC makes a bad investment, and the latter occurs when they miss a great opportunity. As noted in What Does VC Traction Really Mean? , What’s The Worst Mistake?