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SharesPost To Halt Secondary Facebook Trading

socalTECH

Facebook has been among the most heavily traded companies on SharesPost and other secondary trading sites, as investors have looked to gain an edge on public investors in owning a piece of the social networking site. SharesPost is headed by Greg Brogger, and is backed and was co-founded by TrueCar's Scott Painter.

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Want to Start a Technology Company in LA?

Both Sides of the Table

LA was a leader in lead generation (LowerMyBills), comparison shopping (PriceGrabber, Shopzilla), social networking (MySpace … I know, I know – Facebook won – but it was still a big business). We were also an investor in the early local listing company, CitySearch – an LA company.

Company 290
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How Startups Can Use Metrics to Drive Success

Both Sides of the Table

How many social networks, picture sharing sites, new aggregators or blogs can we really spend time on? one of the best in industry that I've seen is how Scott Painter measures his business at TrueCar. Everybody thinks if I build this cool app people will come and use it. Sure, but will they still be using it in a year?

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How to Develop Your Fund Raising Strategy

Both Sides of the Table

In the era of social networks, LinkedIn, Facebook messaging, Quora and email addresses that are easily guessable, it’s easy to think that maybe you should just approach a VC directly. Do they invest in funds that are $200-300 million versus $50 million or $500 million.” Determine how to get access to them.

Develop 366