socalTECH
MARCH 3, 2011
In the latest makeover of one of the original, Web-based automotive sites, Los Angeles-based CarsDirect has updated its website. The site includes better navigation features, more research and in-depth specifications and reviews, articles, breaking automotive news, and more. READ MORE>>.
socalTECH
SEPTEMBER 20, 2010
The firm was originally known as CarsDirect, the automotive buying site of Idealab, and was headed by Scott Painter--who is now head of both Zag Automotive and TrueCar. Tags: internet brands growth merger acquisition private. READ MORE>>.
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. Rumored to have turned down acquisition offers from Yahoo and Facebook. Site launched in October and CEO stated ad impressions are increasing ~200% month; now at 15 billion impressions/day.
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