socalTECH

JULY 13, 2009

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. READ MORE>>.

Research 100

Research Sales Web 2.0 CarsDirect 100

socalTECH

SEPTEMBER 20, 2010

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. Internet Brands had gone public just three years ago.

Internet Brands 190

Internet Brands Westlake Village Woodland Hills Beverly Hills 190

socalTECH

JUNE 16, 2009

According to the firm, it will allow buyers and sellers of privately held companies to sell and buy shares in privately held firms, through secondary market transactions. Among features of the site are private company research, escrow serviecs, and electronic signatures.

Equity 113

Equity CarsDirect Zag Incubator 113

socalTECH

MARCH 3, 2021

Santa 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.

Truecar 203

Truecar Santa Monica Equity Design 203

socalTECH

DECEMBER 1, 2009

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. To enter to win a ticket to digiday:APPS, send your name, title, company, city, and email address to: info@socaltech.com with the subject "digiday tickets".

Fandango 124

Fandango CarsDirect Case Study Santa Monica 124

Both Sides of the Table

JULY 1, 2010

He calls it his “Tom Sawyer&# company. Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. Scott left the company, which eventually IPO’d and became Internet Brands. a fbFund winner. Current round: $4.

Zag 248

Zag Truecar Venture Capital CarsDirect 248

socalTECH

JUNE 17, 2009

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. They've built successful companies, but looking at the IPO market they're essentially stuck.

Startup 124

Startup Zag Venture Capital Equity 124

socalTECH

JANUARY 28, 2009

We spoke with Jose daVeiga , the firm's CEO and co-founder, to learn more about the company. I started as a tester, but in six months, I had risen to assistant project manager at CarsDirect. We started this as a business in 2006, so it could become what it is today, a brand and company of its own. in architectural technology.

Patents 179

Patents CarsDirect Sites Ideas 179

Both Sides of the Table

FEBRUARY 15, 2011

We were talking about a company, Factual (disclosure my firm is an investor), which was founded by one of LA’s most talented Internet entrepreneurs, Gil Elbaz , who as co-founder of Applied Semantics (purchased by pre-IPO Google for $102 million and now Google AdSense) is responsible for a large portion of the Internet’s monetization.

Venture Capital 313

Venture Capital Southern California Google Startup 313