article thumbnail

SharesPost Hooks Up With NASDAQ On Private Shares Market

socalTECH

According to the two companies, the move will create a new marketplace for private growth companies, which combines NASDAQ OMX's experience in the market and resources, and SharesPost's web-based platform for trading private stock. As part of the deal, NASDAQ will retain a majority stake in the new NASDAQ Private Market (NPM).

article thumbnail

NXCR, J.D. Power In Strategic Alliance

socalTECH

Scott Painter was the founder of TrueCar, CarsDirect, and Fair.com. Power's data for comprehensive dataset for vehicle valuations, residual value forecasts and insights on consumer preferences and experiences, according to Painter. NXCR quitely raised $30M in funding back in February.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Swagbucks Taps Shopzilla's Weinrot As COO

socalTECH

Weinrot was previously Chief Marketing Officer and Divisional President for Shopzilla/Bizrate, where he had been for over 14 years. Weinrot also previously has served at such companies as CarsDirect, DIsney Online, and BonusMail (MyPoints).

article thumbnail

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

socalTECH

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.

article thumbnail

SharesPost Launches Private Equity Marketplace

socalTECH

According to the firm, it will allow buyers and sellers of privately held companies to sell and buy shares in privately held firms, through secondary market transactions. Among the private shares that sellers are looking to unload on the site are shares in Facebook, LinkedIn, SolarCity, Tesla Motors, and eHarmony, the firm said. READ MORE>>.

Equity 113
article thumbnail

NextCar, Led By Scott Painter, Gears Up For Launch With Exec Team

socalTECH

The company named Jim Nguyen (co-foudner of TrueCar) as its President and Chief Operating Officer; Kash Sheikh (family office, private equity) as Chief Financial Officer; Joseph Chang (Houlihan Lokey) as Chief Revenue Officer; Lucas Donat (TrueCar) as Chief Marketing Officer; Matthew Cacciola (Fair, TBW Media Arts Lab) as Chief Design Officer; Chris (..)

Truecar 203
article thumbnail

Sponsor post: Discount to tomorrow's DFR, and win a ticket to digiday:APPS

socalTECH

Join us as we kick off the holiday season in grand style and bestow the Digital Family Outstanding Achievement Honor on Scott Painter, Founder of CarsDirect and Entrepreneur. The event will dive deeply into the challenges and success stories of the explosive mobile and social app market. Use discount code: DFR30 to receive $30 price.

Fandango 124