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In the latest makeover of one of the original, Web-based automotive sites, Los Angeles-based CarsDirect has updated its website. CarsDirect is owned by Internet Brands, which recently went private in an acquisition by Hellman & Friedman. READ MORE>>.
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. Brogger was at CarsDirect with Scott Painter, who heads up TrueCar. SharesPost is now up in San Bruno.
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. enabled secondary marketplace for shares in private companies, and particularly venture-backed, technology firms.
Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. Analytics also extend to iPhone and web apps using Facebook Connect. They raised around $350 million to try and sell cars direct over the Internet. a fbFund winner. Current round: $4.
That sets us up nicely for the next phase of the web. Scott Painter , founder of CarsDirect has created TrueCar (backed by GRP Partners). In Los Angeles you have large industries in garment industry, defense, games (both physical like Mattel and virtual like Activision) and music. And of course you have Hollywood.
Los Angeles-based KlickSports (www.klicksports.com) recently rolled out the firm's live sports prediction web site and game, looking to harness the enthusiasm of sports fans for their favorite sports and teams. I started as a tester, but in six months, I had risen to assistant project manager at CarsDirect.
We co-founded Zag together, and I was the COO of CarsDirect. Given the advances in communications technology, and the Web 2.0 Can you talk about a bit about BrightHouse, and how this company came out of that incubation effort? Greg Brogger: I founded BrightHouse in the middle of 2007, along with Scott Painter.
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