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SharesPost Hooks Up With NASDAQ On Private Shares Market

socalTECH

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. Brogger was at CarsDirect with Scott Painter, who heads up TrueCar.

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SharesPost Raising $3.3M

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In a regulatory filing Wednesday, the company--which had been spawned out of the spawned out of Scott Painter's BrighHouse incubator--said it had raised $3.3M 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.

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SharesPost Launches Private Equity Marketplace

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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. Among features of the site are private company research, escrow serviecs, and electronic signatures. READ MORE>>.

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SharesPost: Sales In Escrow, New Research

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SharesPost, headed by Greg Brogger and incubated by Brighthouse, is looking to create a Web 2.0-enabled Brighthouse is a technology incubator headed by both Brogger and Scott Painter, who also co-founded Zag and CarsDirect. READ MORE>>.

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

Both Sides of the Table

Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. Incubated by Clearstone Ventures in 2008. They raised around $350 million to try and sell cars direct over the Internet. Current round: $4. Total raised: $6.0mm. See: TechCrunch.

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Interview with Greg Brogger, SharesPost

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Can you talk about a bit about BrightHouse, and how this company came out of that incubation effort? We co-founded Zag together, and I was the COO of CarsDirect. Similar, only sellers who have held shares for one year, inclusive of options holding periods, are allowed to post shares.

Startup 124