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VCs Aren’t Buying Into the Manufacturing Rebound

Posted on: March 7, 2013 by joanna6 Comments »

Politicians and the press have been talking a lot in recent months about improving prospects for the U.S. manufacturing sector and those it employs. But among venture capitalists, software still rules the day, probably now more than ever.

peHUB Second Opinion 12.27

Posted on: December 27, 2010 by Jonathan MarinoNo Comments »

Hopefully investors weren’t snowed in and unable to unload their Tesla shares once the lock-up expired

Digitimes reports Apple is expecting to sell more iPhones to kick off ‘11

AIG continues to wean itself off Uncle Sam’s support

Will dealmaking get a little more loonie next year?

Tesla Sells 10% Stake To Daimler

Posted on: May 20, 2009 by PEHub AdministratorNo Comments »

(Reuters) – German luxury car maker Daimler on Tuesday said it is taking a 10 percent stake in U.S. electric car start-up Tesla Motors, expanding its presence in the growing market for low- and no-emissions vehicles. Neither company would disclose the exact value of the deal, though Tesla founder and Chief Executive Elon Musk said [...]

Tesla Nears New Funding

Posted on: October 31, 2008 by PEHub AdministratorNo Comments »

LOS ANGELES/DETROIT (Reuters) – Tesla Motors Inc expects to close a financing round of over $20 million from existing investors as soon as next week to bolster a cash balance now at $9 million, said Elon Musk, founder and chief executive of the electric car start-up. Musk, who became a billionaire by founding PayPal, said [...]