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Want to Start a Technology Company in LA?

Both Sides of the Table

And we’re left with a city with idyllic weather, major commerce, the media center of the world, and a great emerging technology scene. But we have a great city for building technology companies. You can find very talented technology executives. But we do have great technology developers. You don’t.

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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 (..)

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Zag Adds Another AAA Group

socalTECH

Zag has developed a software product which allows users to fully configure and price cars for car buying programs and affinity groups; the firm's software is already being used by a number of other AAA clubs. Zag has now signed up 14 AAA motor clubs, and also provides its technology to Capital One Auto Finance, Overstock.com, and other sites.

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

socalTECH

In association with some of the regions top trade associations/social networking groups and industry hosts, DFR '09 promises to be the largest holiday party of the season and help weave our various communities of interest into the larger collective family of professionals working in and around the technology industry.

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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. The consumer product they’ve created is called TrueCar. Money to be used for hiring and additional product development. And it carries no inventory. Competitors: Gowalla.

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Interview with Jose daVeiga, KlickSports

socalTECH

The underpinning of the technology is much more complex than that, of course, and we've been building this for awhile. When we got funded, we worked harder to put together a product which was longer lasting, and not just a beta attempt like what we had done before. in architectural technology. I think of it as a Ph.D.

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

Both Sides of the Table

I’m just not sure you can build a great technology firm outside of Bay Area.&#. In Silicon Valley you have mega venture capital funds who have a history of giving $20 million to early-stage technology companies hoping to swing for the fences and become the next Google, Facebook or Twitter. You just don’t. Get over it.