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TrueCar Scoops Up $30M From Vulcan Capital

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Santa Monica-based online car buying technology provider TrueCar said this morning that it has raised $30M in a new round of funding, from Vulcan Capital, the venture funding arm of Microsoft co-founder Paul Allen. TrueCar said the new funds will go towards market expansion, product development, and to build its brand.

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TrueCar's Scott Painter On Entrepreneurship And IPOs

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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. You''ve create success companies now quite a few times, how did this time go for you, and what kind of advice might you give entrepreneurs thinking about the public path?

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

If you want the full SlideShare deck with many slides not in either post it’s in this link –> The LA Tech Market. ” It’s the most common refrain I hear from investors and even entrepreneurs these days. Has it begun to mature or is it just better marketed than in was say 5 years ago?

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What Mattered In 2010: Scott Painter, TrueCar

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We asked the same five questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next two weeks. They're not household names, they're many contrarians thriving in a down market. Yesterday, we heard from DFJ Frontier's David Cremin.

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

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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. It’s part of what makes him so likable.

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

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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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Beware of Ballers on a Budget

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I researched the pricing of the car at TrueCar – not because we’re an investor – but because it gives you complete price transparency over what other people in your area paid for a car. “Invoice price” is an equally meaningless marketing tool. . But I digress. I like more understated types.