Both Sides of the Table

JULY 1, 2010

Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. Current round: $20.0mm Series-B led by Andreesen Horowitz, with USV and O’Reilly AlphaTech Ventures. Includes 70,000 apps for all major mobile OS platforms, including Apple’s.

Zag 248

Zag Truecar Venture Capital CarsDirect 248

socalTECH

MARCH 6, 2013

According to the two companies, the move will create a new marketplace for private growth companies, which combines NASDAQ OMX's experience in the market and resources, and SharesPost's web-based platform for trading private stock. Financial details of the joint venture were not disclosed. SharesPost is now up in San Bruno.

CarsDirect 170

CarsDirect Marketing Incubator Truecar 170

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

Both Sides of the Table

MARCH 17, 2010

Funding is different – In Silicon Valley you have mega venture capital funds and many of them. It’s not uncommon for incredibly smart and talented Phd’s or CS majors from Stanford to raise $10 million on an early-stage “platform&# that if it succeeds it will be huge. LA investors are more pragmatic.

Company 290

Company Companies Technology Startup 290