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TrueCar Sales Fall Amid Supply Chain Shortages

L.A. Business Journal

Santa Monica-based automotive technology platform TrueCar Inc.’s s sales tumbled as supply chain issues rocked the company, according to its third quarter earnings report.

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TrueCar Tops 500,000 Cars Sold

socalTECH

Santa Monica-based TrueCar , the online automotive purchasing program and technology developer, has just topped 500,000 cars sold on its platform, the firm reported this morning. The numbers reflect some momentum to the firm's services, which took five years to sell the first 100,000 vehicles.

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Digital Motors Names VP

socalTECH

Irvine-based Digital Motors , which develops an online car sales platform for car dealers, said this week that it has named Paul Edmonds as its VP of Customer Success. The company says Edmonds will head up its sales and service teams. The company says Edmonds will head up its sales and service teams.

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

Both Sides of the Table

He calls it his “Tom Sawyer&# company. Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. Scott left the company, which eventually IPO’d and became Internet Brands. And it carries no inventory. Kontagent. -A

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Want to Start a Technology Company in LA?

Both Sides of the Table

I was recently interviewed for an article that appeared in Fast Company titled, “ Why you should start a business in LA.&# If you’re interested in the topic it’s worth a read, but I thought I’d elaborate on the topic since it comes up all the time. But we have a great city for building technology companies.

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Bolstering the Partner Ranks at GRP

Both Sides of the Table

He shared tons of information about how how they were using marketing to quantitatively make marketing decisions at HauteLook and acquire customers for prices that were far cheaper than similar companies. He was also the first one to challenge my conventional wisdom that it made no sense for tech companies to advertise on television.

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How to Develop Your Fund Raising Strategy

Both Sides of the Table

I’ve raised money as a “hot company” and I’ve raised capital when no one would return my phone calls. I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. Fund raising (as is much of life) is a sale – pure and simple. Create scarcity.

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