socalTECH

MAY 3, 2011

Santa Monica-based TrueCar , the automotive pricing site run by Scott Painter, said today that it has acquired Honk.com , an automotive social media website. Financial terms of the buy were not disclosed.

Truecar 140

Truecar Santa Monica News Social Media 140

socalTECH

AUGUST 23, 2011

Santa Monica-based TrueCar , the online publisher of new and used vehicle pricing that is headed by Scott Painter, said Tuesday that it has acquired ALG, Inc. , Financial terms of the acquisition were not disclosed, however, TrueCar said that DealerTrack will receive an equity interest in TrueCar as part of the deal.

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Truecar Santa Barbara Santa Monica Pricing 150

L.A. Business Journal

DECEMBER 14, 2017

Disney to Gain Control of Hulu after 21st Century Fox asset acquisition, TrueCar settles lawsuit with California New Car Dealers Association and Lily raises $2 million for personal stylist.

Hulu 113

Hulu Acquisition Truecar Report 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. What''s been the hardest part of getting TrueCar to where it is today? entrepreneur advice automotive acquisition merger truecar true painter scott interview'

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Truecar Entrepreneur Southern California .Net 209

socalTECH

JANUARY 21, 2022

NextCar recently made an $83M acquisition of the Autonomy brand, Autonomy.com, and related trademarks and brand IP. Painter previously founded such companies as Fair and TrueCar. CEO Scott Painter says the offering comes as "electric vehicles have reached a tipping point", calling the Tesla Model 3 "this generation's Prius".

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Truecar Santa Monica IP Tips 133

socalTECH

APRIL 7, 2014

The IPO of education company 2U also greatly benefited Los Angeles, with the company''s extensive operations in LA, plus backing from former Redpoint Ventures'' (now Archer Capital) investor Greg Martin.

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Los Angeles Truecar Angel Anthem 187

socalTECH

JUNE 10, 2014

The company was actually acquired in October , however, no financials on that acquisition were announced at the time. Southern California has had a string of large, multi-million dollar exits in recent months, including Beats Electronics ($3 billion), TrueCar (IPO), Rubicon Project (IPO), Internet Brands ($1.1 READ MORE>>.

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Media Southern California Truecar Internet Brands 210

socalTECH

DECEMBER 26, 2017

Financial terms of the acquisition were not announced. Fair operates an auto car shopping/financing service, which is led by longtime industry veteran Scott Painter (formerly of TrueCar). Santa Monica-based car startup Fair.com is acquiring the auto leasing business of Uber , according to a report from the WSJ today. READ MORE>>.

Report 100

Report Truecar Santa Monica Acquisition 100

Both Sides of the Table

JULY 1, 2010

The consumer product they’ve created is called TrueCar. Rumored to have turned down acquisition offers from Yahoo and Facebook. While Zag is not a dealer if you measured it in terms of cars sold it would be in the top 5 auto dealers in the country. And it carries no inventory. Foursquare. -A Competitors: Gowalla.

Zag 248

Zag Truecar Venture Capital CarsDirect 248

TechCrunch LA

APRIL 14, 2014

A string of big acquisitions, public offerings, and a pipeline of growing young startup companies has venture investors saying “I love L.A.”

Truecar 100

Truecar Entertainment Venture Capital Acquisition 100

socalTECH

SEPTEMBER 19, 2014

The total exits from our "not qualified list" totaled $1.302 billion in IPOS; and somewhere between $160 and $180M in acquisitions. award acquisition merger exit enterepeneur socaltech50' Brian Lee also gets double credit, with another of list companies--The Honest Company--recently raising $70M in funding. READ MORE>>.

SoCalTech 166

SoCalTech Acquisition Southern California Truecar 166

socalTECH

SEPTEMBER 19, 2017

Painter, who was previously CEO and founder of TrueCar, and has a long history in the automotive purchasing and financing industry, sat down with us to discuss Fair, what he learned at TrueCar, and how he hopes Fair will transform the auto industry. What lessons did you learn from TrueCar, which are you are applying here?

Startup 124

Startup Truecar Pricing Entrepreneur 124

socalTECH

JANUARY 30, 2018

Scott Painter was most recently founder and CEO of TrueCar, and prior to that, was founder and CEO of CarsDirect.com. The company said that Fair is acquiring Uber's lease portfolio using both equity and debt funding, which was secured in Fair's recent funding round. READ MORE>>.

Truecar 100

Truecar Equity Los Angeles Activity 100

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. The firm's stock had held its own, having recovered so far from last year's market downturn. READ MORE>>.

Internet Brands 190

Internet Brands Westlake Village Woodland Hills Beverly Hills 190

socalTECH

DECEMBER 23, 2019

The exit through acquisition by ReliaQuest is the first of what we expect will be many exits for our Fund 1 portfolio. We have invested in 13 companies out of our Fund 1 so far and are more bullish than ever on the amazing entrepreneurs we are meeting and the companies we are helping them build.

Capital 100

Capital Technical Review Truecar Venture Capital 100

socalTECH

MARCH 28, 2012

SharesPost is headed by Greg Brogger, and is backed and was co-founded by TrueCar's Scott Painter. Facebook has been among the most heavily traded companies on SharesPost and other secondary trading sites, as investors have looked to gain an edge on public investors in owning a piece of the social networking site. READ MORE>>.

Truecar 124

Truecar Social Network Sites Networking 124

socalTECH

JANUARY 27, 2011

Anthem is one of the more active local investors, and has recently backed BeachMint, CocoDot, and TrueCar, among other firms. READ MORE>>.

Anthem 154

Anthem Truecar Santa Monica San Diego 154

Both Sides of the Table

OCTOBER 8, 2014

This method was perfected by Gil Elbaz and his team at Applied Semantics in LA and in what some have called “ the most important acquisition ever made by Google ” they acquired the company for $102 million before Google had even IPO’d. As Adam Sandler would say, “ not too shabby.”

Entrepreneur 376

Entrepreneur Snapchat Startup Truecar 376

Both Sides of the Table

MARCH 12, 2013

GRP’s biggest winners over the years have not only come from LA (Overture, CitySearch, TrueCar) but from Chicago (Envestnet, Ulta), Las Vegas (HDI), Baltimore (BillMeLater), New York (DealerTrack), London (LastMinute.com) and other locations. One of his biggest accomplishments there was championing the acquisition of StubHub.

Venture Capital 360

Venture Capital GRP Partners Startup Invest 360

socalTECH

FEBRUARY 10, 2011

Other finalists were Clicker.com , Truecar , and Zumbox. ShoeDazzle.com , the online e-commerce startup headed by Brian Lee and whose co-founders include Kim Kardashian, scored top honors in the Best venture funding in digital media/e-commerce category.

LAVA 166

LAVA Zumbox Technology ReachLocal 166

Both Sides of the Table

APRIL 4, 2011

Customer Acquisition. Those two things together would lower your acquisition costs nearly in half to $6.11. Ironically, there are times where it may actually pay to INCREASE your customer acquisition costs. Measuring customer acquisition is clearly not enough because not all customers stick around. lowering $1.50

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Metrics Startup SEO Customer 346

socalTECH

AUGUST 4, 2011

Locally, those are companies like LegalZoom, GameFly, TrueCar, and ShoeDazzle. One of the core pieces of that technology was around marketing and customer acquisition. What kind of customers are using the tool? Jeff Zwelling: Today, we have lots of e-commerce and online subscription customers. There are lots of e-commerce companies.

Startup 210

Startup Marketing Ideas Custom 210