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Report: Veoh Planning Major Layoffs

socalTECH

San Diego- and Los Angeles-based online video site Veoh is reportedly in the midst of a "major restructuring," according to a report from VentureBeat. An email to Dmitry Shapiro, CEO of Veoh, this morning, asking for comments on the rumor was not returned. Veoh laid off 20 percent of its employees in November. READ MORE>>.

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SmartDrive Systems Raises $47M For Better Driving

socalTECH

The firm said the round was led by Oak Investment Partners and New Enterprise Associates, and also included Stanford University. The funding came on the same day the firm announced the hiring of former Veoh CEO and Overture GM Steve Mitgang as its new CEO. READ MORE>>.

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Altly Posts Anti-Facebook Manifesto, Gets Funding

socalTECH

Los Angeles-based Altly , the latest startup of Dmitry Shapiro , the founder of Veoh and former CTo of MySpace Music, has officially thrown down the gauntlet, saying in a blog post this week that it there is a need for an alternative to Facebook--and the firm is going to create that alternative. READ MORE>>.

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Get to Know Richard de Silva of Highland Capital

Both Sides of the Table

Are you thematic in your investing or entrepreneur focused? (11:40-14:15). In 2003 one of their first investments was Qiigo, Mike Yavondite’s company. Highland has been around for 22 years currently investing the 8 th fund which is $400 million. The in invest in IT (Software + Internet + Healthcare). 11:40-14:15).

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Interview with Richard Yen, Saban Ventures

socalTECH

In what looks to be a challenging funding climate for entrepreneurs, we thought it would be interesting to talk to one fund which is still making investments--Saban Ventures (www.saban.com)--a new, digital media focused venture capital fund located in Los Angeles. We're looking to build out our investment portfolio.

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Interview with Richard Yen, Saban Capital

socalTECH

In what looks to be a challenging funding climate for entrepreneurs, we thought it would be interesting to talk to one fund which is still making investments--Saban Ventures (www.saban.com)--a new, digital media focused venture capital fund located in Los Angeles. We're looking to build out our investment portfolio.

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How do I Really Feel About Anonymous Apps Like Secret?

Both Sides of the Table

One really great experience was a discussion I had with the camera rolling with my good friend Dmitry Shapiro who founded the major YouTube competitor of its time (Veoh) that was sued into oblivion by Universal and who also founded a social network designed to promote pseudonymity. I have a blog and a voice.