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

Both Sides of the Table

He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag]. Incubated by Clearstone Ventures in 2008. a fbFund winner.

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SharesPost Ties With Advanced Equities

socalTECH

According to the firm, AEI brokers will be available to assist SharesPost members who need help marketing the shares in private companies; the deal also allows clients of AEI to have better control over resale of shares on SharesPost's bulletin board. Brogger and Painter put together the Brighthouse incubator to help spin out companies.

Equity 133
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SharesPost Launches Private Equity Marketplace

socalTECH

Santa Monica-based SharesPost , a new startup out of Scott Painter's BrightHouse incubator, said Tuesday morning that the firm has launched on online platform which will match buyers and sellers of private equity. Among features of the site are private company research, escrow serviecs, and electronic signatures. READ MORE>>.

Equity 113
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Interview with Greg Brogger, SharesPost

socalTECH

Yesterday, Santa Monica-based SharesPost (www.sharespost.com) launched a new service of particular interest to the venture capital and high tech startup market, a new, online service which facilitates the buying and selling of private company stock. They've built successful companies, but looking at the IPO market they're essentially stuck.

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