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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

The consumer product they’ve created is called TrueCar. Analytics also extend to iPhone and web apps using Facebook Connect. Company plans to use the capital to build out sales and marketing and r&d. -a Spread through word-of-mouth as the company has no sales team, all engineers. a fbFund winner.

Zag 248
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“Stay Lean as Long as You Can,” and Other VC Wisdom from Mark Suster

Xconomy

In San Diego, the complaints often focus on the relative scarcity of venture capital and hometown VC firms. So when the San Diego Venture Group recruited Mark Suster of Los Angeles-based Upfront Ventures to give the keynote talk Tuesday night for Startup Week San Diego, more than 800 people filled a downtown auditorium.

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Bolstering the Partner Ranks at GRP

Both Sides of the Table

Because my role as a VC requires me to take and endless stream of meetings I long ago decided I need to learn as much as I can from the meetings I attend so I often just ask tons of questions and assimilate knowledge. When I think about what defines us as a VC I think: Operationally knowledgeable / strong startup competence.

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Interview with Tara Weingarten, VroomGirls

socalTECH

As automotive web sites go, there are lots of review and information sites giving you information about new and used cars, magazines and information sites for auto enthusiasts, and discussion sites and groups for all kinds of cars. We basically got venture capital money, without having to give away any of the company.

Truecar 204
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How Startups Can Use Metrics to Drive Success

Both Sides of the Table

If you have multiple versions of your product, how many are web vs. mobile? 10% of our revenue is coming from direct sales of our banner inventory. 15% is coming from in-app product sales (25% of these with cash, 75% with “incentivized offers.”). Measuring viral adoption is obviously important. It's brilliant.].

Metrics 346
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How to Develop Your Fund Raising Strategy

Both Sides of the Table

And of course I’ve sat on the other side of the table: As a VC. This is not just the perspective of a VC although I can’t say I have zero VC bias. This is not just the perspective of a VC although I can’t say I have zero VC bias. Fund raising (as is much of life) is a sale – pure and simple.

Develop 366
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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venture capital firms in the country. The VC partner, somebody I greatly respect said, “Yeah, we like Gil and what they’re doing. That’s convenience when your VC is hoping to write the next $20 million check.