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TrueCar Adds Two More AAA Clubs

socalTECH

Santa Monica-based TrueCar announced Monday that it has added two more, AAA clubs to its list of customers using its services. TrueCar said that it will power the online car buying programs for AAA Oklahoma/South Dakota and AAA Hoosier, the 21st and 22nd AAA organizations using TrueCar's services. READ MORE>>.

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Pricetag For TrueCar.com's New Domain, True.Com: $350,000

socalTECH

Santa Monica-based TrueCar , the online car pricing site--which has made its name from revealing the full pricing details behind local car purchases--said this week that it had acquired a brand, new domain-- True.com. in stock Business.com paid for its eponymous domain back in 1999 to domain entrepreneur Marc Ostrofsky. READ MORE>>.

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Fair Raises Nearly $1 Billion In Strategic Funding Round

socalTECH

Los Angeles-based Fair , the automotive startup led by serial entrepreneur Scott Painter, has raised nearly $1 billion in a strategic funding, led by BMW i Ventures, along with Penske Automotive Group, Sherpa Capital, and others. The funding also included other, un-named strategic investors. READ MORE>>.

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Fair Launches New Adjustable Payments For Cars

socalTECH

Los Angeles-based Fair --a technology-enabled startup which lets people get access to a car with none of the traditional limitations and handcuffs of a lease--is making it even easier for people to get a car through its service, saying it has started to let drivers choose how much they want to spend each month for a vehicle. READ MORE>>.

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

Both Sides of the Table

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

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. What lessons did you learn from TrueCar, which are you are applying here? What is Fair all about?

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LA Group Launches Effort To Promote Technology Corridor In Los Angeles

socalTECH

Fellowship Program to connect the city's many new graduates with local businesses and entrepreneurs, and new efforts to help entrepreneurs find resources like accelerators, commercial real estate, and more. What's the best way to encourage development of the technology industry in Los Angeles?