Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Tesla Motors Inc    TSLA

Delayed Quote. Delayed  - 08/24 10:00:00 pm
222.62 USD   -0.99%
08/24 Telecommunication Technology for Connected Cars Evolving to LTE f..
08/24 TESLA MOTORS : High prices for lithium due to limited supply could b..
08/24DJTESLA MOTORS : Recent Bond Offering by Solar City Primarily Financed..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Entrepreneur Jason Calacanis raising a $10 million fund

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/04/2013 | 03:35am CEST

Jason Calacanis, the entrepreneur behind Launch, a series of technology conferences that introduce startups to potential investors, is raising a $10 million venture fund, a U.S. regulatory filing showed.

Investors in the fund include David Sacks, the founder and chief executive of business-networking site Yammer, which was acquired by Microsoft Corp (>> Microsoft Corporation) last year, Calacanis told peHUB, a unit of Thomson Reuters on Monday. Sacks was previously chief operating officer of PayPal.

Calacanis, based in Los Angeles, is listed as managing member of the fund in the filing with the Securities and Exchange Commission.

The PayPal Mafia, as alumni of the payment service now owned by eBay Inc (>> eBay Inc) are referred to in the industry, includes many successful entrepreneurs. Among them are investor Peter Thiel, LinkedIn Corp <LNKD.O> founder Reid Hoffman, and Tesla Motors Inc (>> Tesla Motors Inc) founder and CEO Elon Musk.

"We are not disclosing the third LP yet," Calacanis said via email, referring to limited partnerships. "There might be one or two more LPs in the coming months. Or not."

The fund will focus "exclusively on folks who come out of LAUNCH Festival, LAUNCH Hackathon, LAUNCH Education & Kids and LAUNCH Mobile (our four events)," Calacanis said. The plan is to invest $25,000 to $100,000 in five to 10 startups a year.

If successful in raising the fund, Calacanis will be following in the footsteps of a growing number of entrepreneurs who have raised venture funds over the last five years or so.

They include Michael Arrington of Crunchfund, with whom Calacanis once worked closely on a series of conferences called the TechCrunch 50. The two parted ways professionally in 2009 and fought publicly afterwards.

Calacanis has founded numerous companies over the years, including video content website Mahalo, which counts Sequoia Capital among its investors and has changed course several times in its 7-year history.

Before Mahalo, Calacanis founded Weblogs, a publishing company whose websites included the popular Engadget tech blog. America Online bought Weblogs in 2005 for roughly $25 million.

Earlier in his career, Calacanis formed Rising Tide Media, parent company of Silicon Alley Reporter, which Calacanis began producing in 1996 by photocopying and stapling together roughly 16 pages of content, and then dropping off the homemade magazines at coffee houses in Manhattan.

In recent years, he has been an active angel investor, backing about 30 companies including car service Uber.

(Reporting by Connie Loizos; Editing by Richard Chang)

By Connie Loizos

Stocks treated in this article : Microsoft Corporation, eBay Inc, Tesla Motors Inc, LinkedIn Corp
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TESLA MOTORS INC
08/24 Telecommunication Technology for Connected Cars Evolving to LTE from 3G
08/24 TESLA MOTORS : High prices for lithium due to limited supply could be the bigges..
08/24DJTESLA MOTORS : Recent Bond Offering by Solar City Primarily Financed by Elon Mus..
08/24 TESLA MOTORS : revamps its two mainstays
08/24 ELON MUSK : New Tesla Electric Car Is 'World's Fastest'
08/24 SOLARCITY : to lay off 108 workers in San Mateo, San Francisco
08/24 TESLA MOTORS : says new Model S, X versions faster and have longer battery life
08/24 SOLARCITY : Tesla touts speed and driving range with new upgraded battery
08/23 TESLA MOTORS : Improved Tesla Model S among world's fastest-accelerating cars, c..
08/23DJTESLA MOTORS : Unveils Electric-Car Battery With a 315-Mile Range--Update
More news
Sector news : Electrical (Alternative) Vehicles
08/24 RENAULT : France denies it omitted elements in Renault emissions report
08/24DJHONDA MOTOR : AAA Warns of Misconceptions Regarding Automatic Braking
08/24DJFORD MOTOR : Recalls Vehicles Over Stalling Problem
08/24 VOLKSWAGEN : VW sees car output back to normal by Monday after supplier deal
08/24 WPP sees signs of post-Brexit recovery in British ad market
More sector news : Electrical (Alternative) Vehicles
News from SeekingAlpha
08/24 Musk's Questionable SolarCity Bond-Buying; Apple To Pay $19B?; HP Earnings --..
08/24 APPLE : Latest Nikkei Rumor Continues The Lack Of Innovation Theme
08/24 A Huge SolarCity Red Flag
08/24 TESLA PROFITABILITY : A Game Theory Perspective
08/24 Musk Fiddles As SolarCity Burns - Take 3
Advertisement
Financials ($)
Sales 2016 8 036 M
EBIT 2016 -72,6 M
Net income 2016 -646 M
Debt 2016 992 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017
EV / Sales 2016 4,28x
EV / Sales 2017 3,13x
Capitalization 33 432 M
More Financials
Chart TESLA MOTORS INC
Duration : Period :
Tesla Motors Inc Technical Analysis Chart | TSLA | US88160R1014 | 4-Traders
Full-screen chart
Technical analysis trends TESLA MOTORS INC
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Average target price 240 $
Spread / Average Target 6,8%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Elon Reeve Musk Chairman & Chief Executive Officer
Jason S. Wheeler Chief Financial Officer
Jeffrey B. Straubel Chief Technology Officer
Kimbal Musk Director
Ira M. Ehrenpreis Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TESLA MOTORS INC-6.32%33 432
TOYOTA MOTOR CORP-17.30%199 379
DAIMLER AG-18.41%74 711
VOLKSWAGEN AG-10.24%71 911
BAYERISCHE MOTOREN WER..-20.80%56 701
HONDA MOTOR CO LTD-19.16%55 316
More Results