socalTECH

NOVEMBER 4, 2021

Los Angeles-based automotive marketplace operator TrueCar released a highlight of its results last night, saying that the firm's revenues were down 28.8% TrueCar said it had a net loss of $6.8 million compared to net income of $11.6M TrueCar said it had a net loss of $6.8

Truecar 113

Truecar .Net Los Angeles Angel 113

socalTECH

JULY 21, 2014

One of Southern California''s big success stories -- from startup, to venture funding, and a recent IPO--is Los Angeles-based TrueCar , which had its IPO in May. But, net-net, being a public company is a threshold moment for use. What''s been the hardest part of getting TrueCar to where it is today?

Truecar 209

Truecar Entrepreneur Southern California .Net 209

Both Sides of the Table

OCTOBER 8, 2014

Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. Many people don’t realize that the majority of the monetization of the Internet originated in Los Angeles but was perfected in Silicon Valley. LA By The Numbers.

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

Both Sides of the Table

DECEMBER 16, 2014

I think that’s in part due to market conditions being favorable to venture capital and in part it’s due to the significant uptick in Los Angeles as a major tech hub in the US. In recent years we’ve had big wins across all of our long term partners (Yves: Envestnet), (Steven: TrueCar), (Me: Maker Studios).

Venture Capital 396

Venture Capital Funding Technical Review Startup 396

socalTECH

JULY 13, 2009

GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. You know Zag, herein town, and more recently our new car investment, TrueCar. Obviously, this being LA, we're also very interested in digital content and distribution.

GRP Partners 157

GRP Partners Southern California Santa Barbara Rustic Canyon 157

Both Sides of the Table

JUNE 8, 2014

TrueCar, an LA-based company, sells more cars now than any physical dealer in the country and recently went public and has a $1 billion market cap. The problem that I’ve seen historically in cities like Los Angeles, San Diego or Seattle is that their historic high-net-worth individuals didn’t come from the tech startup world.

Startup 390

Startup Venture Capital Capital Funding 390