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Genies Finds $65M For NFT Avatars

socalTECH

Los Angeles-based Genies, a startup that helps people create their own avatars--which they can decorate by buying special NFTs (non-fungible tokens)--has raised $65M in a Series B funding, the company said this week.

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Yammer Dwarfs Parent Geni In Fundraising Round

socalTECH

In the case of the kid getting much (much) larger than its parent, Yammer , the one time spinout of Los Angeles-based genealogy and family tree website Geni , has now squarely out-raised venture capital than its parent firm, saying Wednesday that it has raised an $85M funding round. in funding. READ MORE>>.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. Here's the rest. Here’s how to do it.

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Pocket Change Finds More Funding

socalTECH

The firm, which provides virtual currency handling for Android game makers, is the startup of Ari Mir, who formerly co-founded GumGum, and Amos Elliston, who served as CTO at Geni and SVP of Engineering at Yammer. and Kamran Pourzanjani, who founded Pricegrabber.

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Never Hire Job Hoppers. Never. They Make Terrible Employees

Both Sides of the Table

It all started yesterday when Jason Calacanis sent a Tweet telling GenY’ers / Millennials or whatever people under 30 want to be called these days that job hoppers look like “flakes. &# I simply sent a supporting Tweet saying that I agreed. And good VC’s feel the same way. They make terrible employees.

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Venture Conference Highlights SoCal Startups

socalTECH

The conference, held at the Westin South Coast Plaza in Costa Mesa, featured pitches by eight different companies vying for the attention--and pocketbooks--of venture capitalists. READ MORE>>

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

SIGNIFICANCE PASSING-MENTION. --> Tech Titans Hit the Beach As Silicon Valley moguls go on a home-buying spree in Los Angeles, theyre reshaping the real-estate landscape. Tech entrepreneurs and executives from Silicon Valley are moving south and buying up luxury homes in the Los Angeles area. PERSON David Sacks PERSON|David Sacks.