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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.

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Interview with Greg Brogger, SharesPost

socalTECH

If you look at the site, it's comprised principally of individual bulletin boards for private companies. We allow them to post their requests, with the highest price posting for shares at the top of the list for buyers, and the reverse for sellers. We co-founded Zag together, and I was the COO of CarsDirect.

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