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SharesPost: Sales In Escrow, New Research

socalTECH

SharesPost, headed by Greg Brogger and incubated by Brighthouse, is looking to create a Web 2.0-enabled enabled secondary marketplace for shares in private companies, and particularly venture-backed, technology firms. Brighthouse is a technology incubator headed by both Brogger and Scott Painter, who also co-founded Zag and CarsDirect.

Research 100
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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. Danish VOIP technology company founded in 2006 by entrepreneur Tanveer Sharif. 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. If you look at any other financial market in the world, no other market has been less impacted by communications technology, or the Internet.

Startup 124