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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).

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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. Analytics also extend to iPhone and web apps using Facebook Connect. Company plans to use the capital to build out sales and marketing and r&d. -a a fbFund winner.

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Interview with Greg Brogger, SharesPost

socalTECH

Yesterday, Santa Monica-based SharesPost (www.sharespost.com) launched a new service of particular interest to the venture capital and high tech startup market, a new, online service which facilitates the buying and selling of private company stock. They've built successful companies, but looking at the IPO market they're essentially stuck.

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Interview with Jose daVeiga, KlickSports

socalTECH

Los Angeles-based KlickSports (www.klicksports.com) recently rolled out the firm's live sports prediction web site and game, looking to harness the enthusiasm of sports fans for their favorite sports and teams. I started as a tester, but in six months, I had risen to assistant project manager at CarsDirect. READ MORE>>.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

If you are talented, of course, you can get funded in any region with enough venture capital and obviously in markets outside of the Valley it is easier to get noticed and get access. Every developer, biz dev person, marketeer or sales rep on your team will be surrounded by scores of companies calling them like Sirens to switch teams.