socalTECH

APRIL 7, 2014

Local investments funds have had issues raising their new funds, and venture investors had started to hunker down with their portfolios, waiting for some sign of a thaw in the exit environment.

Los Angeles 187

Los Angeles Truecar Angel Anthem 187

Both Sides of the Table

NOVEMBER 13, 2014

Investment experience (5 years a VC at Battery Ventures). Helped merge company with Seedling – on track to do $20 million combined revenue in 2015 – will now become Chairman). billion IPO), HealthDataInsights (Las Vegas, $400 million) as well as LA (Maker Studios $1 billion, TrueCar $1.3

Venture Capital 408

Venture Capital Startup Outsource Development CitySearch 408

TechCrunch LA

APRIL 14, 2014

A string of big acquisitions, public offerings, and a pipeline of growing young startup companies has venture investors saying “I love L.A.”

Truecar 100

Truecar Entertainment Venture Capital Acquisition 100

socalTECH

FEBRUARY 22, 2021

According to the email from Painter, the funding is the company's first external equity financing. Painter has a long history in Southern California's technology industry, and previously founded such companies as Fair, TrueCar, SharesPost, and others.

Seed Funding 113

Seed Funding Truecar Funding Southern California 113

Xconomy

JUNE 16, 2016

In San Diego, the complaints often focus on the relative scarcity of venture capital and hometown VC firms. So when the San Diego Venture Group recruited Mark Suster of Los Angeles-based Upfront Ventures to give the keynote talk Tuesday night for Startup Week San Diego, more than 800 people filled a downtown auditorium.

Venture Capital 49

Venture Capital San Diego Truecar Web 49

TechCrunch LA

JULY 10, 2019

Companies like Fair are offering new types of leases combining a traditional auto financing option with modern conveniences. Fair was founded in 2016 by an all-star team made up of automotive, retail and banking executives including Scott Painter, former founder and CEO of TrueCar. Car sales are tanking, but people still need cars.

Services 212

Services Truecar Sales Blogging 212

socalTECH

OCTOBER 31, 2012

GRP Partners , the venture capital firm managed by Steven Dietz, Brian McLoughlin, Yves Sisteron, and Mark Suster, seems to be making good progress on its newest fund, GRP IV, according to a regulatory filing from the firm filed Wednesday. The firm also has had good exits at such companies as BillMeLater and HealthDataInsights.

GRP Partners 185

GRP Partners Funding Truecar Venture Capital 185

Both Sides of the Table

MARCH 12, 2013

Because my role as a VC requires me to take and endless stream of meetings I long ago decided I need to learn as much as I can from the meetings I attend so I often just ask tons of questions and assimilate knowledge. So I started introducing him to portfolio companies. I first met Greg about 4 years ago or so.

Venture Capital 360

Venture Capital GRP Partners Startup Invest 360

socalTECH

MARCH 6, 2013

SharesPost , the private company marketplace headed by Greg Brogger, which had been incubated and started in Santa Monica via Brighthouse, the startup incubator run by Brogger and Scott Painter, is in a joint venture with NASDA OMX , the two said this morning. Brogger was at CarsDirect with Scott Painter, who heads up TrueCar.

CarsDirect 170

CarsDirect Marketing Incubator Truecar 170

Both Sides of the Table

JUNE 8, 2014

Not all of these products & companies came from Silicon Valley but the overwhelming majority did. Changes in the Software World & in Venture Capital. But notably you had the following changes: Horizontally scalable computing & storage systems, which meant you required less capital up front for hardware.

Startup 390

Startup Venture Capital Capital Funding 390

socalTECH

DECEMBER 23, 2019

What was the biggest news for you/your company this year? We have invested in 13 companies out of our Fund 1 so far and are more bullish than ever on the amazing entrepreneurs we are meeting and the companies we are helping them build. We also had our first exit for Moonshots Capital Fund 1 --Threatcare.

Capital 100

Capital Technical Review Truecar Venture Capital 100

socalTECH

SEPTEMBER 7, 2017

According to Fair, its $16M Series Seed funding round was led by Javelin Venture Partners, and also included Charles River Ventures, Foundation Capital and Sherpa Capital. The company also says it is in the midst of a Series A-1 financing being led by BMW i Ventures. READ MORE>>.

Truecar 124

Truecar Santa Monica Seed Funding Startup 124

Both Sides of the Table

MARCH 17, 2010

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.

Company 290

Company Companies Technology Startup 290

socalTECH

DECEMBER 31, 2018

This morning's reflections are from Kelly Perdew , managing general partner of at Moonshots Capital (www.moonshotscapital.com). Raising money as a first-time VC fund is hard.In fact, turns out it is much, much harder than raising money for an early stage company. in 50+ companies through his angel and syndicate deals.

Capital 113

Capital Venture Capital News Patents 113

Both Sides of the Table

JANUARY 16, 2012

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. And of course I’ve sat on the other side of the table: As a VC. Executive Summary.

Develop 366

Develop Development Funding Venture Capital 366

socalTECH

DECEMBER 20, 2018

The funding was led by SoftBank, and also included Exponential Ventures, Munich Re Venture's ERGO Fund, G Squared, and CreditEase. According to the company, so far, it has provided cars for more than 20,000 users. Painter, Fair's CEO and founder, was previously CEO and founder of TrueCar. READ MORE>>.

Services 113

Services Truecar Santa Monica Funding 113

socalTECH

AUGUST 30, 2016

The TCA said, if a TCA member had participated in all of its 305 investments, with a $25,000 investment in each of the companies in those investments (a total investment of $7.7M), that member would have received $12M in cash liquidity, have taken $2M in tax deductible write-downs, and still have $4.1M in active investments. READ MORE>>.

Tech Coast Angels 133

Tech Coast Angels Angel Truecar Southern California 133

socalTECH

FEBRUARY 10, 2011

The Los Angeles Venture Association (LAVA) held its annual awards event last night, honoring former Los Angeles Mayor Richard Riordan, as well as local, venture backed companies in a banquet last night at the Luxe hotel in Los Angeles. Other finalists were Clicker.com , Truecar , and Zumbox.

LAVA 166

LAVA Zumbox Technology ReachLocal 166

Both Sides of the Table

FEBRUARY 15, 2011

Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venture capital firms in the country. The VC partner, somebody I greatly respect said, “Yeah, we like Gil and what they’re doing. That’s convenience when your VC is hoping to write the next $20 million check.

Venture Capital 313

Venture Capital Southern California Google Startup 313

Both Sides of the Table

OCTOBER 8, 2014

” in 2014 the data seems pretty conclusive because LA has now become the fastest growing tech startup region by numbers of companies being started and those of us here have noticed this pace accelerating. Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly.

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

socalTECH

FEBRUARY 8, 2011

SharesPost , the online marketplace for private company stock founded by Greg Brogger, has raised $3.3M In a regulatory filing Wednesday, the company--which had been spawned out of the spawned out of Scott Painter's BrighHouse incubator--said it had raised $3.3M No details on that funding have been announced by the company.

CarsDirect 140

CarsDirect Zag Santa Monica Incubator 140

socalTECH

NOVEMBER 19, 2013

Getting to this list was not easy: we received over 700 nominations for people to be considered on the list, and it took a lot of work by our selection committee to whittle down the list to the finalists.

Southern California 279

Southern California SoCalTech Dollar Shave Club Santa Monica 279

socalTECH

NOVEMBER 7, 2011

But, I think it's because I have known all of these car companies for seventeen years. We basically got venture capital money, without having to give away any of the company. My partner and I might have to put another $5,000 or $10,000 into the company to get us through, but I believe this will carry us through.

Truecar 204

Truecar Writing Edmunds Sites 204

socalTECH

DECEMBER 22, 2010

Yesterday, we heard from Scott Painter of TrueCar. Today, we spoke with Mark Suster , a venture capitalist at GRP Partners. In your opinion, what events, companies, or people made the biggest impact on the technology world in 2010? What was the biggest news for you/your firm this year? The IPO of EnvestNet.

GRP Partners 170

GRP Partners Southern California Technical Review High Tech 170

socalTECH

JULY 13, 2009

The company was founded by the head of the North America investments for Carrefour, the second largest retailer in the world, the head of the retail banking practice at DLJ, the investment bank. The new fund is focused entirely on technology companies. Those companies are doing phenomenally well, and in a normal market was IPO.

GRP Partners 157

GRP Partners Southern California Santa Barbara Rustic Canyon 157

Both Sides of the Table

APRIL 4, 2011

One of the things I discuss the most with the portfolio companies I’m involved with is that “you manage what you measure.”. Make them widely available inside the company and share your most important goals with your board. My experience has proven that even some well known companies are under-whelming in this department.

Metrics 346

Metrics Startup SEO Customer 346

socalTECH

AUGUST 4, 2011

Jeff Zwelling is the co-founder of Convertro (www.convertro.com), a Los Angeles company focused on helping companies track how their marketing efforts are leading to sales conversions. Locally, those are companies like LegalZoom, GameFly, TrueCar, and ShoeDazzle. There are lots of e-commerce companies.

Startup 210

Startup Marketing Customer Custom 210