Following http://wiki.cyanogenmod.org/w/Install_CM_for_VS980 to install cm on my Verizon VS980, I completed the steps and got a successful install but on reboot, my phone entered a boot loop, stopping at the LG logo. I can't seem to access TWRP recovery either, I tried multiple combinations including the instructions on the cyanogenmod wiki but still no luck.
most likely you didn't actually wipe data/factory reset. You can leave the internal storage /sdcard alone, it's the rest of the stuff. Every time I've flashed CM and had boot loops it was because I forgot to factory reset. They don't do this in the zip because many people hot-flash a newer build on top of old.
I've got the ls980, and while they have their distinct differences, I have had the opportunity to flash ROMs on the VS for my friends' as well, and I can't say I ran into the same issue. I did manage to brick it with an incompatible kernel though.
Also, while I refrain from endorsing products from anyone, I do have to say that on your particular phone I think you'd be WWWAAAAYYY happier flashing the Exodus ROM, as you are given the ability to "morph", without any additional flashing, between cyanogen, aosp, and my favorite, Exodus. To each their own though. Hope the tool helps. Happy Modding