socalTECH

JULY 13, 2009

Santa Monica-based SharesPost , which has created on online marketplace for sellers and buyers of private company stock, reported to its users late Friday that the firm now has sales of LinkedIn, Linden Lab, Tesla Motors, and SugarCRM going into escrow. READ MORE>>.

Research 100

Research Sales CarsDirect Web 2.0 100

socalTECH

FEBRUARY 5, 2009

Los Angeles-based Zag , the online car buying software firm headed by former CarsDirect CEO Scott Painter, has scored an investment from financial services firm USAA , USAA disclosed Thursday. Zag develops technology which allows members of groups like USAA to fully configure and purchase cars, through car buying programs. READ MORE>>.

Zag 100

Zag Invest CarsDirect Venture Capital 100

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. Danish VOIP technology company founded in 2006 by entrepreneur Tanveer Sharif. Company reports 250,000 users in 49 countries with 1mm+ application downloads. See: TechCrunch.

Zag 248

Zag Truecar Venture Capital CarsDirect 248

Both Sides of the Table

FEBRUARY 15, 2011

I’m just not sure you can build a great technology firm outside of Bay Area.&#. There is no region in the country that comes close to having the sheer number of angels & VCs that Silicon Valley has as well as the dollars that flow into the region (40% of all dollars, PwC Moneytree report ). You just don’t.

Venture Capital 313

Venture Capital Southern California Google Startup 313

socalTECH

JUNE 17, 2009

We co-founded Zag together, and I was the COO of CarsDirect. If you look at any other financial market in the world, no other market has been less impacted by communications technology, or the Internet. Given the advances in communications technology, and the Web 2.0

Startup 124

Startup Zag Venture Capital Equity 124