socalTECH
DECEMBER 13, 2010
Santa Monica-based TrueCar , the online car pricing site headed by Scott Painter, reports this morning that it has now sold more than 200,000 cars through its online car buying and pricing platform. TrueCar said the number comes less than a year from when it reached an initial, 100,000 car sales, which occurred earlier this year.
Both Sides of the Table
JULY 1, 2010
The consumer product they’ve created is called TrueCar. Money to be used for hiring and additional product development. A social analytics platform for Facebook app developers and publishers that provides detailed demographic and engagement data. Offers two products: Palantir Government and Palantir Finance.
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socalTECH
DECEMBER 22, 2020
Two new additions to our portfolio companies stand out in particular: NextCar (Scott Painters latest disruptive LA-based automotive market play) and Transmute (Karyl Fowlers Austin-based supply chain identity and credentialing platform). We look forward to seeing how AI and ML will continue to disrupt finance, CPG, big data, and SaaS.
Both Sides of the Table
MARCH 12, 2013
Greg was the first person to share with me the insights of mobile conversion and why with a simpler product selection and conversion funnel they would get higher conversion on mobile than on the web. We both wanted to put energy into GRP’s platform of services that provide more value to our investments than merely capital.
Tech Zulu Event
JULY 31, 2014
Presenting companies included: Add This, Cognitive Networks, TrueCar, Trunk Club, Invidi, ID.me, Datacratic, BeyondCORE, ParkMe and many more. The Summit also served as a launch pad for new products and branding from companies such as Bling Fashion Jewelry, Song Lily, TrailerPop and FilmTrack.
Both Sides of the Table
MARCH 17, 2010
It’s not uncommon for incredibly smart and talented Phd’s or CS majors from Stanford to raise $10 million on an early-stage “platform&# that if it succeeds it will be huge. If you want to hire very experienced product managers there are less of these than I would like. As a result many funds are OK with big bets.
Both Sides of the Table
FEBRUARY 15, 2011
While nobody has yet “cracked the code&# on production quality video over the Internet (YouTube won UGC video), there is a lot of innovation happening in LA from places like Eqal, Deca.TV, ThisWeekIn, Machinima & Maker Studios. Scott Painter , founder of CarsDirect has created TrueCar (backed by GRP Partners).
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