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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in Southern California''s technology ecosystem. Josef Gorowitz , Swagbucks (Torrance, online marketing/rewards). Amanda MacNaughton , PromoJam (Glendale, marketing software). Matthew Goldman , Wallaby Financial (Pasadena, financial).

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TrueCar's Scott Painter On Entrepreneurship And IPOs

socalTECH

Very few Southern California startups make it from seed funding all the way up through an IPO, and rarely do they do so with their original founder. One of Southern California''s big success stories -- from startup, to venture funding, and a recent IPO--is Los Angeles-based TrueCar , which had its IPO in May.

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What Mattered In 2010: Scott Painter, TrueCar

socalTECH

Last week, we announced our end-of-the-year project, which was to collect and share the opinions of some of the top influencers in Southern California's high tech community. Today, we share the thoughts of Scott Painter the CEO and founder of TrueCar , as well as a number of other successful firms and startups in Southern California.

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How Fair, Scott Painter's New Startup, Is Creating A New Model For Car Ownership

socalTECH

Fair (www.fair.com), the latest startup by serial entrepreneur Scott Painter , does just that, letting users shop for a car, get approved, and pay for a car through a month-to-month payment--with no long term committment. How did you decide to tackle this particular area of the market? TrueCar was a bit jarring to the industry.

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The First socalTECH 50: Where Are They Now?

socalTECH

Last year, we compiled our first list of the socalTECH 50 : our attempt to pick fifty people here in Southern California''s technology industry who represent some of the best of what the region has to offer, and which we though people ought to keep an eye on. Interested in sponsoring the awards?

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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

The speaks to the continued confidence in the venture capital markets and as I had predicted some time ago the VC markets right now are a great place to invest – especially relative to other places to put one’s money. We do reserve part of the fund to opportunistically get involved with some B-round deals.

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Want to Start a Technology Company in LA?

Both Sides of the Table

We have many seasoned entrepreneurs who have built successful companies here and made a lot of money for investors and themselves. But LA is not Silicon Valley and we don’t need to aspire to be so. But it’s more atypical for investors located in this market. So it’s always a trade-off.

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