CarsDirect Refreshes Website

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In the latest makeover of one of the original, Web-based automotive sites, Los Angeles-based CarsDirect has updated its website. CarsDirect is owned by Internet Brands, which recently went private in an acquisition by Hellman & Friedman. carsdirect automotive auto design refresh ecommerceThe firm said it has launched a "completely redesigned website" after months of research and testing.

CarsDirect Launches Buying Outlook Feature

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Los Angeles-based CarsDirect has launched a new feature today, aimed at helping consumers figure out if it's a good time to buy a new car. CarsDirect said its new "Expert Buying Outlooks" will provide plain-English summaries of where experts expect the price of specific car models to go, to help consumers determine if it's a good time, or not, to buy a car. CarsDirect said it is tapping its own database of vehicle buying and pricing data for the estimates.

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CarsDirect Targets Former Chrysler, GM Dealers

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El Segundo-based CarsDirect , the online automotive shopping and information site owned by Internet Brands, said Thursday that the firm will offer free online used car inventory listings to the unfortunate Chrysler and General Motors franchise dealers who were recently terminated by those auto brands. According to CarsDirect, the firm hopes to help those dealers drive sales during the transition period, explaining that a number of those dealerships are shifting to used cars.

NextCar, Led By Scott Painter, Gears Up For Launch With Exec Team

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nextcar scott painter executive fair carsdirectSanta Monica-based NextCar, the newest automotive-focused startup led by startup veteran Scott Painter, is gearing up for the launch of the company, saying this week that it has named a senior management team.

Amazon.com Challenges SoCal's Automotive Sites With Amazon Vehicles

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amazon vehicles automotive research purchase auto carsdirectE-commerce giant Amazon has made a move into the automotive research area this morning, challenging such local automotive information providers like Santa Monica-based Edmunds.com , Irvine-based Autobytel , Santa Monica-based TrueCar , Irvine-based Kelley Blue Book , plus El Segundo-based CarDirect.

NXCR, J.D. Power In Strategic Alliance

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Scott Painter was the founder of TrueCar, CarsDirect, and Fair.com. Santa Monica-based NXCR ,the subscription vehicle startup led by auto- and startup-veteran Scott Painter, and auto analytics company J.D. Power announced on Wednesday that the two companies are in a strategic alliance, which will link J.D. Power's data solutions, vehicle valuations, and "consumer insights" into NXCR's vehicle subscription service. Financial details of the strategic alliance were not annouced.

Zag Spins Out TrueCar

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Santa Monica-based Zag, the online car buying software firm headed by former CarsDirect CEO Scott Painter, has spun out a new company called TrueCar, the firm said late Wednesday. According to TrueCar, it will provide information about new car pricing, using the actual price people have paid for cars.

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Pingo Solar Aiming Comparison Shopping Tool At Solar Consumers

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The startup said it will "do what CarsDirect and TrueCar have done for the car industry" to the solar power industry, by letting users calculate their solar savings, create a customized solar setup, and get the "best possible price" on their solar power system. Not sure if you're getting the best price on your new solar power system?

SharesPost Raising $3.3M

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Scott Painter is the CEO of TrueCar/Zag, and was also previously CEO of CarsDirect, and has been incubating a number of companies out of his Santa Monica-based BrightHouse incubator. SharesPost , the online marketplace for private company stock founded by Greg Brogger, has raised $3.3M in a funding round, but appears to also have moved its headquarters to Northern California.

SharesPost Hooks Up With NASDAQ On Private Shares Market

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Brogger was at CarsDirect with Scott Painter, who heads up TrueCar. SharesPost , the private company marketplace headed by Greg Brogger, which had been incubated and started in Santa Monica via Brighthouse, the startup incubator run by Brogger and Scott Painter, is in a joint venture with NASDA OMX , the two said this morning.

SharesPost: Sales In Escrow, New Research

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Brighthouse is a technology incubator headed by both Brogger and Scott Painter, who also co-founded Zag and CarsDirect. Santa Monica-based SharesPost , which has created on online marketplace for sellers and buyers of private company stock, reported to its users late Friday that the firm now has sales of LinkedIn, Linden Lab, Tesla Motors, and SugarCRM going into escrow.

Zag: "Strongest Sales So far This Year"

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Painter was previously CEO of CarsDirect, and is now involved with such firms as TrueCar and SharesPost. Santa Monica-based Zag.com , the online automobile buying service headed by Scott Painter, is reporting today that it had what is calls its "strongest sales so far this year" in June.

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Zag Gets Investment From USAA

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Los Angeles-based Zag , the online car buying software firm headed by former CarsDirect CEO Scott Painter, has scored an investment from financial services firm USAA , USAA disclosed Thursday. USAA did not provide financial details behind the investment. According to USAA, it is taking an equity position in Zag, which is also providing the firm with its car buying services.

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

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Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. I think I’ve now mastered how to make images clickable so in the future you *should* always be able to click on the TWiVC image above and go directly to the video. Just in case here’s the link to this week’s episode. Our guest this week was Scott Painter.

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Want to Start a Technology Company in LA?

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Scott Painter , founder of CarsDirect has created two new generation LA startups (Zag and TrueCar, both backed by GRP Partners). Los Angeles. People either love it our hate it. All the stereotypes and caricatures are overblown. And we’re left with a city with idyllic weather, major commerce, the media center of the world, and a great emerging technology scene. We have an abundance of ethnicities, culinary options, music and culture.

SharesPost Launches Private Equity Marketplace

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SharesPost was founded by Greg Brogger; the firm is one of the companies incubated by Scott Painter and his BrightHouse incubator; Painter is the former CEO of CarsDirect, currently founder at Zag, and has been quietly helping to fundraise and incubate a number of local startups through BrightHouse.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

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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. Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets.

Can You Really Build a Great Tech Firm Outside Silicon Valley?

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Scott Painter , founder of CarsDirect has created TrueCar (backed by GRP Partners). This article originally appeared on TechCrunch. Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venture capital firms in the country.

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Zag Adds Another AAA Group

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Zag is headed by former CarsDirect CEO Scott Painter, and is venture backed by Anthem Venture Partners, Capital One Auto Finance, GRP Partners, Arcturus Capital, Callaway Cars and the Skoll Fund. Santa Monica-based Zag, which is developing software for auto buying programs, has signed on another AAA group as a customer. According to Zag, AAA Mid-Atlantic has just unveiled a auto buying program which is powered by the firm's software.

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Sponsor post: Discount to tomorrow's DFR, and win a ticket to digiday:APPS

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Join us as we kick off the holiday season in grand style and bestow the Digital Family Outstanding Achievement Honor on Scott Painter, Founder of CarsDirect and Entrepreneur. Dear readers: We've got offers for two different event -- a discount to tomorrow's Digital Family Reunion , and a chance to win a ticket to digiday:APPS next week. Read more below for details. It's time again to come together for the holidays!

Interview with Jose daVeiga, KlickSports

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I started as a tester, but in six months, I had risen to assistant project manager at CarsDirect. Los Angeles-based KlickSports (www.klicksports.com) recently rolled out the firm's live sports prediction web site and game, looking to harness the enthusiasm of sports fans for their favorite sports and teams. We spoke with Jose daVeiga , the firm's CEO and co-founder, to learn more about the company. What's the idea behind Klicksports?

Interview with Greg Brogger, SharesPost

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We co-founded Zag together, and I was the COO of CarsDirect. Yesterday, Santa Monica-based SharesPost (www.sharespost.com) launched a new service of particular interest to the venture capital and high tech startup market, a new, online service which facilitates the buying and selling of private company stock. We caught up with Greg Brogger , the firm's CEO, to understand the service and how it might help private investors. Explain how your service works?

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