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AuctionPoint Gets Investment From MySpace Co-Founder

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Marina del Rey-based AuctionPoint , which operates an online auction service for commercial real estate, said today that it has received a strategic investment from Tom Anderson, co-founder of MySpace. AuctionPoint said that Anderson joins its board of advisors as part of the investment. READ MORE>>.

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MySpace Startups: Startups From MySpace Vets

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Los Angeles-based MySpace has been among the most visible of Southern California's Internet era success stories, although the site--now owned by News Corporation--has had its own share of ups-and-downs, as well as questions about its future. MySpace Connection : Richard Rosenblatt , former Chairman of MySpace. www.cocodot.com).

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MySpace Faces Challenge From KPCB's sFund

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KPCB announced its new sFund, a $250M fund which will invest in entrepreneurs in the social space, specifically highlighting Facebook as "the best place to build the next generation" of social businesses. Tags: capital venture comcast zynga amazon networking social sfund kpcb facebook myspace.

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MySpace Names Bizdev Exec

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Los Angeles-based social networking site MySpace announced today that it has named Tom Cox as the firms' Senior vice President of Business Development. Cox also served at AOL, as Vice Presidentof Business Development, and was an investment banker at Friedman, Billings, Ramsey. READ MORE>>.

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LA's New Wave Of Companies From Serial Entrepreneurs

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LA's technology startup industry has saw a surge in new companies and efforts from its serial entrepreneurs in the last few months. Here's a quick look at just a few of the new companies who are led by serial entrepreneurs from the LA ecosystem. Entering Startup image courtesy Mike @ flickr. Ground Control. READ MORE>>.

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MySpace, Ad.ly Link On In-Stream Advertising

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Los Angeles-based MySpace and startup Ad.ly , also based in LA, said today that they have linked in an in-stream advertising deal. According to MySpace, it will use Ad.ly to enable content creators to reach fans in the MySpace stream. The link with MySpace pulls Ad.ly Tags: myspace adly ad.ly READ MORE>>.

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Io/LA Plans $500K In Investments

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One of the newest accelerator and incubators to open in the Los Angeles area, io/LA , is planning to invest $500,000 in local startups as part of its efforts to incubate 25 companies in its new space in Hollywood. Io/LA launched its accelerator last month, saying it will invest $25,000 and offer up office space to firms in Hollywood.

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