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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. A location based service which incorporates social and gaming elements. Company plans to use the capital to build out sales and marketing and r&d. -a It’s awesome.

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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. Explain how your service works? Wilson Sonsini, in fact, represents us.

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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. Hit some bumps in the road?