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

socalTECH

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. The firm changed its name to Internet Brands in June of 2005, and hit the markets with its IPO in November of 2007. READ MORE>>.

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

Both Sides of the Table

It’s hard to get people to take a risk at a startup or for a reasonable salary with all this competition. Scott Painter , founder of CarsDirect has created TrueCar (backed by GRP Partners). I talked to one startup CEO who told me, “you have young engineers who want to make $200,000 or more to work for me.