If Southern California is ever to emerge as a mecca for technology start-ups that rivals Silicon Valley, it needs to attract more venture capital.
And one way to do that is to lure experienced entrepreneurs to Southern California who have track records of running successful, venture-backed companies.
That’s part of the emerging strategy for the Alliance for Southern California Innovation, a new nonprofit that has the ambitious goal of reaching parity with Silicon Valley by 2025 in terms of the amount of venture capital raised by start-ups.
