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NextCar, Led By Scott Painter, Gears Up For Launch With Exec Team

socalTECH

Santa Monica-based NextCar, the newest automotive-focused startup led by startup veteran Scott Painter, is gearing up for the launch of the company, saying this week that it has named a senior management team. NextCar (NXCR) is focused on providing vehicle subscriptions to consumers.

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Another Nearly $100M Exit In LA: Media Temple

socalTECH

Add another, big exit to the list of the growing list of companies in Southern California: Media Temple , the premium hosting provider founded by Demian Sellfors. The company was actually acquired in October , however, no financials on that acquisition were announced at the time. READ MORE>>.

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TrueCar Adds Black Book Used Car Values

socalTECH

Santa Monica-based TrueCar , the automotive pricing website headed by Scott Painter, has added "Black Book" used car values to the site. According to the company, the new values come via an agreement with National Auto Research , a division of Hearst Business Media. READ MORE>>.

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Sponsor Post: LA Tech Gives Back: 157 Volunteers, 32 Companies

socalTECH

The first, LA Tech Gives Back event was held this last week, on Thursday, October 19th, with 157 volunteers attending from 32 companies helping out Thursday at three different volunteer sites: Mark Twain Middle School in Venice, The Center at Blessed Sacrament in Hollywood, and LA Child Guidance Clinic in Downtown LA.

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LA Mixers Co-Founder Michael Pilla Dies

socalTECH

One of the founders of the Los Angeles technology networking group, LA Mixers, and co-founder of the New Media Vault monthly networking event, Michael Pilla, has died, according to the Los Angeles Times. Pilla's clients had included such companies as TrueCar, CitySearch (IAC), and other local technology startups.

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How You Know You’ve Got the Right Startup Model?

Both Sides of the Table

Young startups claim they are going to change the world, large companies that dominate that sector scoff at how low quality these new entrants are, until l ike frogs boiling in water they come to the realization that “this s**t is real.” Luddite dealers started petitioning state governments to make TrueCar illegal.

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MANDT VR Names CTO

socalTECH

Los Angeles-based MANDT VR , an augmented reality and virtual reality production company, said on Thursday that it has named Mike Dunn as the company's Chief Technology Officer. Mandt was most recently CIO at VER, and also had previously served as Chief Technology Officer at Time Warner, Hearst Interactive Media and TrueCar.