A whole country in just half a state

Southern California (SoCal) might be overshadowed in venture capital by its northerly neighbour around the San Francisco Bay area in the same state but it is the second-most populous region in the US.

With 22.4 million people and large cities in Los Angeles and San Diego as well as universities and research centres, SoCal would be one of the world’s most important countries if it were a separate nation.

But it has struggled to gain prominence even at a national…