Both Sides of the Table
JULY 1, 2010
Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. A social analytics platform for Facebook app developers and publishers that provides detailed demographic and engagement data. Kontagent. -A Total raised: $125mm See: TechCrunch.
Both Sides of the Table
MARCH 17, 2010
It’s not uncommon for incredibly smart and talented Phd’s or CS majors from Stanford to raise $10 million on an early-stage “platform&# that if it succeeds it will be huge. You can hire a talented head of marketing, business development, technology and sales. As a result many funds are OK with big bets.
Both Sides of the Table
FEBRUARY 15, 2011
Look beyond California and you have group purchasing (GroupOn in Chicago, LivingSocial in Washington DC), private sales (Gilt Groupe in NY, HauteLook in LA), artisan marketplaces (Etsy in NY), eCommerce (Amazon in Seattle) and on and on. Scott Painter , founder of CarsDirect has created TrueCar (backed by GRP Partners).
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