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This Week in Venture Capital – Episode 2

Both Sides of the Table

Bill Gross is the man responsible for the overwhelming amount of monetization on the web. plus a large settlement on patent disputes paid from Google) so Bill did well on it. He’s behind IdeaLab and has created many interesting companies including innovating in solar energy ( eSolar ) and electric cars ( Aptera ).

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

Both Sides of the Table

Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. It is the most accurate data out there that you can use to carry into a dealership and negotiate on price. Analytics also extend to iPhone and web apps using Facebook Connect.

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March Capital Partners' Jim Armstrong On A New, $240M Venture Fund

socalTECH

At Idealab, we saw many shots on goal with companies who were consumer focused, and we have found the quality of entrepreneurs going to consumer Internet companies has changed dramatically, which represents a real opportunity. Consumers and you and I have been trained by Google and Amazon on expectations.

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Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

To say he has had an impact on the web would be an understatement. He said it was better than the Yellow Pages because he would provide pricing transparency. Google was clear that they WOULD NOT go into this business. They were a juggernaut and Google was a small company. But obviously Google won the war.