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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. Current round: $4.

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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>>.

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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. Can you talk about a bit about BrightHouse, and how this company came out of that incubation effort? We co-founded Zag together, and I was the COO of CarsDirect. Are you transacting sales through the site yet?

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