This Week in VC – Scott Painter, CEO of Zag & TrueCar
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. Based in Palo Alto and founded in 2004 by PayPal alumni. They raised around $350 million to try and sell cars direct over the Internet. Competitors: Skype. Total raised: $22mm.
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