Both Sides of the Table
JULY 1, 2010
Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. Incubated by Clearstone Ventures in 2008. They raised around $350 million to try and sell cars direct over the Internet. Current round: $4. Total raised: $6.0mm. See: TechCrunch.
Tech Zulu Event
JULY 26, 2010
Back by popular demand Schmoozd 3 is set for this Thursday, July 29th 6-10 PM at Wokano in Santa Monica, CA. Tweetup.com - An auction-based advertising system from Internet incubator Idealab, which originally came up with the idea for search advertising in the 1990s when it launched GoTo.com.
Both Sides of the Table
MARCH 11, 2011
So he founded IdeaLab with his wife Marcia Goodstein (he talks in the video about working with a spouse and also working with siblings). IdeaLab has created 75 companies, leading to 8 IPOs, 35 or so acquisitions and more than 5 companies worth in excess of $1 billion. That gave Google a huge cost advantage. They are very hands on.
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