Both Sides of the Table

JULY 1, 2010

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]. led by Altos Ventures and Maverick Capital, with Larry Braitman.

Zag 248

Zag Truecar Venture Capital CarsDirect 248

socalTECH

FEBRUARY 8, 2011

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 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.

CarsDirect 140

CarsDirect Zag Santa Monica Incubator 140

socalTECH

SEPTEMBER 10, 2009

SharesPost is the most visible startup so far out of BrightHouse, the business incubator founded by Greg Brogger and Scott Painter, who are also behind Zag Automotive. Brogger and Painter put together the Brighthouse incubator to help spin out companies. READ MORE>>.

Equity 133

Equity Zag Santa Monica Incubator 133

socalTECH

SEPTEMBER 3, 2010

TrueCar pulls its car sales data directly from car dealers, operators of dealer management systems, and data aggregators, including a deal with sister firm Zag, which provides pricing and configuration tools for automotive dealerships. READ MORE>>.

Truecar 154

Truecar Pricing Tool Arcturus 154

socalTECH

JULY 13, 2009

SharesPost, headed by Greg Brogger and incubated by Brighthouse, is looking to create a Web 2.0-enabled Brighthouse is a technology incubator headed by both Brogger and Scott Painter, who also co-founded Zag and CarsDirect. Tags: sharespost brighthouse private company stock venture capital tesla facebook. READ MORE>>.

Research 100

Research Sales CarsDirect Web 2.0 100

socalTECH

JUNE 17, 2009

Yesterday, Santa Monica-based SharesPost (www.sharespost.com) launched a new service of particular interest to the venture capital and high tech startup market, a new, online service which facilitates the buying and selling of private company stock. We co-founded Zag together, and I was the COO of CarsDirect.

Startup 124

Startup Zag Venture Capital Equity 124