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billion dollars in private and public funds, according to Reuters. fisker automotive cleantech electric auto maker fiskerauto strategic merger acquisitionlayoff jobs employment bankruptcy' Anaheim-based Fisker Automotive , the troubled electric car maker, has now burnt through $1.4 READ MORE>>.
Craig said that the shutdown came as a result of not being able to sustain a large enough market, relative ot the high cost of customer acquisition. BetterWorks had raised $10M in funding from Redpoint Ventures. BetterWorks--and Paige Craig--have been one of the companies driving the growth in Santa Monica's Silicon Beach.
Dave’s note: Our guest author this week is John Huston, founder of the 300+ member Ohio TechAngel Funds and a past Chairman of both the Angel Capital Association and the Angel Resource Institute. . Until it is reached, survival still hinges on the kindness of outside funding sources. By John Huston.
NastyGal--founded by Sophia Amorusa--had been facing some major headwinds over the last few years, which had resulted in Amorusa resigning as CEO and layoffs at the company. READ MORE>>.
Distinguish growth opportunities from survival efforts, and make sure they are adequately funded, rewarded, and measured. You need to be constantly assessing mergers and acquisitions, as well as divestitures. Constantly scan the horizon for growth opportunities. Hone your process for due diligence and integrating these new elements.
Our interview today is with Greg Martin , co-founder of LiquidStock (www.liquidstock.com), an investment fund which offers up a way for employees of private companies to exercise their stock options before an IPO or acquisition. Greg Martin: I raised a fund called LiquidStock, with three partners. Tell us what you're up to now?
Bird acquired Circ in January as part of its expansion plans, raising $75M more in its Series D funding round for those efforts. According to those reports, as many as 10,000 of Circ's scooters have been sent for recycling, and around 100 employees laid off. READ MORE>>.
Finally, the firm also said that it has appointed Michael Murphy of AlixPartners as its interim COO and interim Chief Administrative Officer as part of the funding. NextWave said that the debt will go towards funding its operations into 2010. The debt comes from Avenue Capital Management II, L.P. READ MORE>>
The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, and is now seeking a sale, according to CNBC.
The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, according to CNBC.
military’s high-tech think tank DARPA described Safe Genes, a new program to fund safety measures that can be built into genome editing technology or counter its potential wayward effects. The funding could be as much as $100 million, and the first grants will be announced in 2017. Shares immediately fell more than 40 percent.
—In other news from the moonshot day, Biden warned researchers in academia and industry that they would risk losing federal funding if they didn’t follow the law and report their clinical trial results to the public ClinicalTrials.gov database… IBM said it would deploy its Watson systems to help the U.S. .
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