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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]. The consumer product they’ve created is called TrueCar.

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Zag Makes Exec Hires, Promotions

socalTECH

Santa Monica-based Zag, a venture-backed developer of online car buying software, said this morning that it has made. Zag said it has promoted Bernie Brenner to Executive Vice President in charge of the firm's consumer initiatives, named David Pributsky as VP of Partner development. a number of hires and a promotion.

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TrueCar Tops 200,000 Cars Sold

socalTECH

TrueCar said the number comes less than a year from when it reached an initial, 100,000 car sales, which occurred earlier this year. TrueCar said the sales came via its more than 40 partner-branded Web Siets, which use the car pricing and sales engine powered by Zag.

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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. I believe that huge financial, productivity and technical gains come from new innovation rather than derivative thinking. It has always stood with me. I have had a low bullshit meter.

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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. If you want to hire very experienced product managers there are less of these than I would like. You need to for conferences, business development and often for sales. So it’s always a trade-off.

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Super Successful People Do These Uncommon Things

Jason Nazar

Sometimes you have to know when to zig where others zag. Nobody buys a product they’ve never seen. (TIP: TIP: more details in the 5 Steps Sales Process ). Underestimate Demand – for your products and services. You’re always going to get the same results, doing what everyone else does. He nailed the follow-up HBO special.

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Good Gawd: Unconventional Startup Wisdom From The Hardest Working Man In Show Business

InfoChachkie

Syd Nathan, owner of Brown’s label, refused to finance a live album, as he was concerned it would limit James’ popularity on the road, which in turn, would suppress sales of future singles, which was the label’s primary revenue source. When everyone is zigging, go zagging. Some fans began to collect show recordings. Share and Enjoy.

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