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CarsDirect

Demand

Technology

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

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. The move is an interesting one, given the number of Southern California technology companies trying to go the other direction, and to hit the public markets.

Internet Brands

Internet Brands Westlake Village Woodland Hills Beverly Hills

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

Both Sides of the Table

JULY 1, 2010

Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. Danish VOIP technology company founded in 2006 by entrepreneur Tanveer Sharif. They raised around $350 million to try and sell cars direct over the Internet. Total raised: $10.5mm.

Zag

Zag Truecar Venture Capital CarsDirect

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

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

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