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Glam Media On A Roll: Raises $50 Million In Private Equity At $750 Million Valuation

Glam Media, a vertical advertising network, has raised its fifth round of venture capital – $50 million from aeris CAPITAL, a Switzerland and Silicon Valley based private equity fund. The company is not disclosing the valuation of the round, but it is rumored to be around $750 million.
Glam’s last major funding was a $85 million [...]

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Tue, February 2 2010 » Uncategorized » No Comments

Tesla’s $100M IPO: Losses Expected Until At Least 2012. Musk Taking $1 A Year.

Electric car company Tesla Motors has filed for a $100 million IPO. There were rumors recently floating around that the company, which is led by PayPal co-founder Elon Musk, would go public “soon.” One interesting tidbit from the filing: Musk only takes $1 in yearly salary.
Another interesting factoid: In the filing, Tesla states that [...]

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Fri, January 29 2010 » Uncategorized » No Comments