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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag]. led by Altos Ventures and Maverick Capital, with Larry Braitman.

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Zag Makes Exec Hires, Promotions

socalTECH

Santa Monica-based Zag, a venture-backed developer of online car buying software, said this morning that it has made. Zag said it has promoted Bernie Brenner to Executive Vice President in charge of the firm's consumer initiatives, named David Pributsky as VP of Partner development. a number of hires and a promotion. READ MORE>>

Zag 100
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SharesPost Ties With Advanced Equities

socalTECH

According to the firm, AEI brokers will be available to assist SharesPost members who need help marketing the shares in private companies; the deal also allows clients of AEI to have better control over resale of shares on SharesPost's bulletin board. Tags: sharespost advanced equities private placement venture capital. READ MORE>>.

Equity 133
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What Angel Investing & Florida Condos Have in Common

Both Sides of the Table

It’s really hard to zig when the whole world seems to be zagging. While many of my friends bragged about their 5 condos in Florida I kept talking about how the real estate market was in a bubble – their gains an illusion. above inflation yet in many markets in the US & Europe prices were rising at 10-25% per year.

Invest 299
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Interview with Greg Brogger, SharesPost

socalTECH

Yesterday, Santa Monica-based SharesPost (www.sharespost.com) launched a new service of particular interest to the venture capital and high tech startup market, a new, online service which facilitates the buying and selling of private company stock. We co-founded Zag together, and I was the COO of CarsDirect.

Startup 124
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10 Sage Quotes From $100M Entrepreneur Winners

Startup Professionals Musings

Of course, you can always argue that each was just in the right place at the right time, or was lucky, or had a rich uncle to get them started, but it would be smarter to listen to the messages: You need enough capital and a little more. Everything isn’t going to go well in the first couple of years, and you need to get to cash flow positive.

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Want to Start a Technology Company in LA?

Both Sides of the Table

Funding is different – In Silicon Valley you have mega venture capital funds and many of them. But it’s more atypical for investors located in this market. If we extend a bit North up the coast line we have many affiliate marketing innovators including ValueClick, Commission Junction and FastClick.

Company 290