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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]. Includes content mobile guides, ie. a fbFund winner.

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What Angel Investing & Florida Condos Have in Common

Both Sides of the Table

It’s really hard to zig when the whole world seems to be zagging. This is the time it takes for a bankruptcy or asset sale to occur. Instead investors are looking for the next flash sale, private sale, game dynamic, social games that rely on mobile platforms with geo-fenced, location aware offers.

Invest 299
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Want to Start a Technology Company in LA?

Both Sides of the Table

You can hire a talented head of marketing, business development, technology and sales. You need to for conferences, business development and often for sales. Scott Painter , founder of CarsDirect has created two new generation LA startups (Zag and TrueCar, both backed by GRP Partners). So it’s always a trade-off.

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