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Tech Coast Boards Welcome Bohnett

THE CUTTING EDGE | HEARD ON THE BEAT

February 22, 1999|KAREN KAPLAN

David Bohnett, you just sold your company to Yahoo for $3.9 billion. What are you going to do next?

No, the founder and chairman of Marina del Rey-based GeoCities isn't going to Disneyland. He's joining the boards of directors of other Tech Coast companies.

Today, NetZero, the Westlake Village firm that offers free advertiser-supported Internet access, will announce that Bohnett is taking a seat on its board. Last week, Bohnett joined the board of Stamps.com, a Santa Monica firm that plans to deliver postage on the Internet.

Industry observers have been expecting successful local executives to start sitting on the boards of other Tech Coast start-ups, as is common in Silicon Valley. They say those relationships should accelerate the growth of Southern California's high-tech sector.

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