Both Sides of the Table

MARCH 12, 2013

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.

Venture Capital 360

Venture Capital GRP Partners Startup Invest 360

socalTECH

APRIL 7, 2014

Those exits have finally given local venture capital investors their mojo back -- with their longstanding faith in their portfolio companies finally paying off. investment investor capital venture angeles' READ MORE>>.

Los Angeles 187

Los Angeles Truecar Angel Anthem 187

Both Sides of the Table

JUNE 8, 2014

Changes in the Software World & in Venture Capital. But notably you had the following changes: Horizontally scalable computing & storage systems, which meant you required less capital up front for hardware. Venture Capital. And then the world changed. Changes in the Startup Ecosystem. We have invested $17.3

Startup 390

Startup Venture Capital Capital Funding 390

socalTECH

OCTOBER 31, 2012

GRP Partners , the venture capital firm managed by Steven Dietz, Brian McLoughlin, Yves Sisteron, and Mark Suster, seems to be making good progress on its newest fund, GRP IV, according to a regulatory filing from the firm filed Wednesday. The regulatory filing indicates GRP has raised $148.6M READ MORE>>.

GRP Partners 185

GRP Partners Funding Truecar Venture Capital 185

Both Sides of the Table

FEBRUARY 15, 2011

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.

Venture Capital 313

Venture Capital Southern California Google Startup 313

socalTECH

NOVEMBER 2, 2011

Los Angeles-based venture capital firm GRP Partners is looking to raised $250M in its newest fund, GRP IV L.P., GRP's investments include TrueCar, GOGII, Ad.ly, GumGum, among others. according to a regulatory filing from the firm this week. GRP last closed on a fund--GRP III, L.P. GRP last closed on a fund--GRP III, L.P.--in

Gogii 162

Gogii GRP Partners Funding Truecar 162

socalTECH

JUNE 27, 2013

Los Angeles-based venture capital investor GRP Partners announced this morning that it has raised a fourth fund, worth $200M, and also renamed the firm Upfront Ventures. upfront ventures partners venture capital fund startup msuster suster launchpadla' READ MORE>>.

GRP Partners 164

GRP Partners Funding CitySearch Venture Capital 164

socalTECH

MARCH 6, 2013

It's also a big win for Brogger, who started SharesPost to help angel investors, venture capital investors, and founders in private company find liquidity, in a market which had been starved for IPOs. Brogger was at CarsDirect with Scott Painter, who heads up TrueCar. SharesPost is now up in San Bruno. READ MORE>>.

CarsDirect 170

CarsDirect Marketing Incubator Truecar 170

Both Sides of the Table

OCTOBER 8, 2014

billion in venture capital to LA’s technology startups and 2014 will shatter that figure. Over the past 4 years LA’s tech fundings have growing at a 30% compounded annual growth rate (CAGR) which is > 4 times the US average VC CAGR (7%). In the last full year where we have data LA attracted $1.5

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

socalTECH

FEBRUARY 10, 2011

The Los Angeles Venture Association (LAVA) held its annual awards event last night, honoring former Los Angeles Mayor Richard Riordan, as well as local, venture backed companies in a banquet last night at the Luxe hotel in Los Angeles. Other finalists were Clicker.com , Truecar , and Zumbox.

LAVA 166

LAVA Zumbox Technology ReachLocal 166

TechCrunch LA

JULY 10, 2019

Fair was founded in 2016 by an all-star team made up of automotive, retail and banking executives including Scott Painter, former founder and CEO of TrueCar. Even car makers are looking at different ways to move vehicles from dealer lots.

Services 212

Services Truecar Sales Blogging 212

TechCrunch LA

APRIL 14, 2014

A string of big acquisitions, public offerings, and a pipeline of growing young startup companies has venture investors saying “I love L.A.”

Truecar 100

Truecar Entertainment Venture Capital Acquisition 100

socalTECH

DECEMBER 16, 2014

Los Angeles-based venture capital investment firm Upfront Ventures announced this morning that it has raised a fifth fund, worth $280M. The new fund is being managed by full time investment partners Greg Bettinelli, Steven Dietz, Kara Nortman, Yves Sisteron and Mark Suster, along with Venture Partner Hamet Watt.

Funding 133

Funding Truecar Los Angeles Venture Capital 133

socalTECH

AUGUST 5, 2019

Trinidad previously served at Google and Discovery Networks; Wilkinson was previously a venture capitalist at Exponential Partners--one of Fair's early investors; and Pierantoni was previously Chief Accounting Officer and Chief Financial Officer at TrueCar. READ MORE>>.

Cornerstone OnDemand 124

Cornerstone OnDemand Truecar Ticketmaster Paramount 124

socalTECH

NOVEMBER 19, 2013

Getting to this list was not easy: we received over 700 nominations for people to be considered on the list, and it took a lot of work by our selection committee to whittle down the list to the finalists.

Southern California 279

Southern California SoCalTech Dollar Shave Club Santa Monica 279

socalTECH

NOVEMBER 7, 2011

We basically got venture capital money, without having to give away any of the company. You've also got a deal with TrueCar, correct? We did a bunch of research into services like TrueCar, and how they presented things, played with those services, and so on. That's exactly what I did.

Truecar 204

Truecar Writing Edmunds Sites 204

socalTECH

JULY 7, 2009

Zag has previously received venture capital from such firms as Anthem Ventures, GRP Partners, the Tech Coast Angels, Capricorn Management, Capital One, and Arcturus Capital. Painter was previously CEO of CarsDirect, and is now involved with such firms as TrueCar and SharesPost. READ MORE>>.

Zag 100

Zag Sales CarsDirect Tech Coast Angels 100

socalTECH

FEBRUARY 8, 2011

Scott Painter is the CEO of TrueCar/Zag, and was also previously CEO of CarsDirect, and has been incubating a number of companies out of his Santa Monica-based BrightHouse incubator. In a regulatory filing Wednesday, the company--which had been spawned out of the spawned out of Scott Painter's BrighHouse incubator--said it had raised $3.3M

CarsDirect 140

CarsDirect Zag Santa Monica Incubator 140

socalTECH

SEPTEMBER 7, 2017

Fair said it was created by Scott Painter and Georg Baeur; Painter founded TrueCar and ran CarsDirect.com, and Baeur is an auto finance executive who has served at Mercedes, BMW and Tesla. READ MORE>>.

Truecar 124

Truecar Santa Monica Seed Funding Startup 124

socalTECH

FEBRUARY 22, 2021

Painter has a long history in Southern California's technology industry, and previously founded such companies as Fair, TrueCar, SharesPost, and others. The funding came from such investors as Reid Hoffman and Mark Pincus, per the leaked email.

Seed Funding 113

Seed Funding Truecar Funding Southern California 113

socalTECH

MARCH 24, 2016

In what has been a familiar refrain, the annual Midas List ranking by Forbes Magazine of the most influential venture capitalists has completely skipped Southern California's venture capital community, although it did credit the position of at least four of the VCs on the list to their investments in Southern California startups, and highlighted Ashton (..)

Southern California 100

Southern California SoCal Palomar Santa Barbara 100

Xconomy

JUNE 16, 2016

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.

Venture Capital 49

Venture Capital San Diego Truecar Web 49

socalTECH

AUGUST 30, 2016

Among the TCA's highest profile exits have been the IPOs of Mindbody, CytomX, TrueCar, Vital Therapies, Trius Therapeutics, and Green Dot. in active investments. The TCA said that compared favorably with the 2.5x average of all angels. The company said the highest returns have been two companies with a 110x return, and another at 70x.

Tech Coast Angels 133

Tech Coast Angels Angel Truecar Southern California 133

socalTECH

DECEMBER 22, 2010

Yesterday, we heard from Scott Painter of TrueCar. Today, we spoke with Mark Suster , a venture capitalist at GRP Partners. We asked the same five questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next two weeks. The IPO of EnvestNet.

GRP Partners 170

GRP Partners Southern California Technical Review High Tech 170

socalTECH

SEPTEMBER 14, 2016

It's often tough to figure exactly who the venture capital funds are who are funding startups in the area. However, for members of socaltech.com, it's a click away with our real time analysis of venture funding flows. Local exits: TrueCar, Gravity, Maker Studios. Upfront Partners - 11 deals. Greycroft Partners - 10 deals.

Southern California 100

Southern California Dollar Shave Club Lootcrate Orange County 100

Both Sides of the Table

MARCH 17, 2010

Funding is different – In Silicon Valley you have mega venture capital funds and many of them. Scott Painter , founder of CarsDirect has created two new generation LA startups (Zag and TrueCar, both backed by GRP Partners). But we have a great city for building technology companies.

Company 290

Company Companies Technology Startup 290

socalTECH

DECEMBER 20, 2018

Painter, Fair's CEO and founder, was previously CEO and founder of TrueCar. Fair acquired Uber's leasing business back in December of 2017, and now offers the same access to vehicles to ridesharing drivers on Uber, directly through the Uber app. READ MORE>>.

Services 113

Services Truecar Santa Monica Funding 113

socalTECH

DECEMBER 23, 2019

At the same time, more capital continues to be raised in LA. has been raised by VC funds and at least $35B has been invested in LA startups from outside the city (Amplify, The Los Angeles Tech and Venture Scene 2019). Since 2010, $6.3B

Capital 100

Capital Technical Review Truecar Venture Capital 100

Both Sides of the Table

APRIL 4, 2011

one of the best in industry that I've seen is how Scott Painter measures his business at TrueCar. I got him talking about this on This Week in VC including a quick demo of his dashboard - I think I'll shoot a separate sequence with just a walk-through of their analytics. It's brilliant.].

Metrics 346

Metrics Startup SEO Customer 346

socalTECH

JULY 13, 2009

You know Zag, herein town, and more recently our new car investment, TrueCar. What's your thoughts on the local venture market? We have a regional focus here, and the market is underserved in venture capital, yet it's the second largest metropolis and DMA in the country.

GRP Partners 157

GRP Partners Southern California Santa Barbara Rustic Canyon 157

socalTECH

AUGUST 4, 2011

Locally, those are companies like LegalZoom, GameFly, TrueCar, and ShoeDazzle. What kind of customers are using the tool? Jeff Zwelling: Today, we have lots of e-commerce and online subscription customers. In the Bay Area, we have TinyPrint, Beau-coup Favors, PetCareRX, and others. There are lots of e-commerce companies.

Startup 210

Startup Marketing Customer Custom 210

Both Sides of the Table

DECEMBER 16, 2014

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. If you want to understand how the VC industry is changing there is a great primer in the link.

Venture Capital 396

Venture Capital Funding Technical Review Startup 396

Both Sides of the Table

JANUARY 16, 2012

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. Neither can any VC. Executive Summary. Why buy me?

Develop 366

Develop Development Funding Venture Capital 366

socalTECH

DECEMBER 31, 2018

This morning's reflections are from Kelly Perdew , managing general partner of at Moonshots Capital (www.moonshotscapital.com). Raising money as a first-time VC fund is hard.In Many of my friends who are VCs (and some friends who tried to raise a fund unsuccessfully) warned me that raising for a first-time fund would be very difficult.

Capital 113

Capital Venture Capital News Patents 113