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

Both Sides of the Table

Scott left the company, which eventually IPO’d and became Internet Brands. Rumored to have turned down acquisition offers from Yahoo and Facebook. Current round: $20.0mm Series-B led by Andreesen Horowitz, with USV and O’Reilly AlphaTech Ventures. led by Altos Ventures and Maverick Capital, with Larry Braitman.

Zag 248
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Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

All of that are in this week’s episode of This Week in VC. IdeaLab has created 75 companies, leading to 8 IPOs, 35 or so acquisitions and more than 5 companies worth in excess of $1 billion. Some IdeaLab successes / brand names aside from Overture & CitySearch? Cars Direct / Internet Brands. Shopping.com.