socalTECH

JUNE 16, 2009

Santa Monica-based SharesPost , a new startup out of Scott Painter's BrightHouse incubator, said Tuesday morning that the firm has launched on online platform which will match buyers and sellers of private equity. Tags: brighthouse painter scott marketplace stock private equity sharespost. READ MORE>>.

Equity 113

Equity CarsDirect Zag Incubator 113

socalTECH

FEBRUARY 8, 2011

in an equity funding round. 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. No details on that funding have been announced by the company. SharesPost had originally been based in Santa Monica.

CarsDirect 140

CarsDirect Zag Santa Monica Incubator 140

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

FEBRUARY 5, 2009

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. According to USAA, it is taking an equity position in Zag, which is also providing the firm with its car buying services.

Zag 100

Zag Invest CarsDirect Venture Capital 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

Both Sides of the Table

MARCH 17, 2010

Side note: LA seems to have had some success in mega deals led by private equity firms as evidenced by DemandMedia and Chris DeWolf’s latest company backed by more than $20 million in private equity. Scott Painter , founder of CarsDirect has created two new generation LA startups (Zag and TrueCar, both backed by GRP Partners).

Company 290

Company Companies Technology Startup 290

socalTECH

JUNE 17, 2009

We co-founded Zag together, and I was the COO of CarsDirect. We came to it, because we'd been around private equity, and it's always surprised me how inefficient the marketplace is. tools available, not to mention the growth and size of the private equity market--it's a 2.5 SharesPost was one of the first ideas we had.

Startup 124

Startup Zag Venture Capital Equity 124