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CarsDirect Refreshes Website

socalTECH

In the latest makeover of one of the original, Web-based automotive sites, Los Angeles-based CarsDirect has updated its website. CarsDirect is owned by Internet Brands, which recently went private in an acquisition by Hellman & Friedman. 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. They raised around $350 million to try and sell cars direct over the Internet. Scott left the company, which eventually IPO’d and became Internet Brands.

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