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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. Hollywood Walk of Fame.

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TrueCar Launches Mobile Site

socalTECH

Los Angeles-based TrueCar , the online car pricing site run by Scott Painter, said today that it has launched a mobile version of its site. According to the company, the new site runs on Apple iPhone, BlackBerry, and other web-enabled mobile devices. TrueCar is a spinout of Zag Automotive, which is also run by Painter.

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What Mattered in 2010: Greg Martin, Archer Venture Capital

socalTECH

We've seen a lot of innovation come out of Los Angeles in the past few years, with Demand Media, Socialvibe, Zag, ShoeDazzle, Factual and many others. The continuing rise of smart phones and iPad-like devices has created enormous opportunities for the mobile web. Great things will emerge there.

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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. 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. I continue to be excited about the Mobile Web (as distinct from the Mobile App).

Invest 299
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Want to Start a Technology Company in LA?

Both Sides of the Table

Los Angeles has a strategic asset : content creation skills – In order for the Internet to go mainstream you first needed the infrastructure to support it from networking equipment (Cisco, Juniper) to databases (Oracle) to search (Google) and more recently mobile devices (Apple). Frank Addante has created Rubicon Project.

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Interview with Mark Suster, GRP Partners

socalTECH

You know Zag, herein town, and more recently our new car investment, TrueCar. We've invested in a fantastic company called Mobiclip, which provides high throughput video with low battery consumption on mobile devices. Obviously, this being LA, we're also very interested in digital content and distribution.