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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

He didn’t tell it in the video but, ever the entrepreneur, Scott started a business to take couples up on a “mile high club&# flight on airplanes as a way of getting all of his miles logged to get his next class of airplane license that required a certain number of hours logged. And it carries no inventory.

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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

In recent years we’ve had big wins across all of our long term partners (Yves: Envestnet), (Steven: TrueCar), (Me: Maker Studios). Fund of Funds (people who raise money from large funds and then break it up to invest into VCs and other asset classes). It goes without saying that the shortening in time also was due to performance.

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Reflections on 2018: Kelly Perdew, Moonshots Capital

socalTECH

That trust translates to an excellent working relationship which has resulted in continued growth of the companies and additional financings led by world-class VC firms. Are there any technology innovations, gadgets, devices, software, that you found most interesting in 2018?

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Bolstering the Partner Ranks at GRP

Both Sides of the Table

GRP’s biggest winners over the years have not only come from LA (Overture, CitySearch, TrueCar) but from Chicago (Envestnet, Ulta), Las Vegas (HDI), Baltimore (BillMeLater), New York (DealerTrack), London (LastMinute.com) and other locations. So we talked about his joining. I made some reference calls. They were effusive.

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Silicon Beach Fest Celebrates Tech Startups and Hollywood in LA | Pics, Highlights and What’s Next!

Tech Zulu Event

Partners provided products and services including: Uber, Here on Biz, ParkMe, Simply Petals, Triptrotting, Bloodhound, Planana, Pop-Up Pantry, EventSorbet, ROC, Startup Car, Pulsoviral, TrueCar, PopChips, ONE Coconut water, Gamer Food, Zevia. Demo Day / Angel Pitch.

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

Both Sides of the Table

We have world-class universities like Caltech, UCLA, USC and more. Scott Painter , founder of CarsDirect has created TrueCar (backed by GRP Partners). It is the second largest city in the country with (18 million inhabitants) (vs. million in SF Bay Area ). But LA is not Silicon Valley and we don’t need to aspire to be so.