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

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

TESLA INC (TSLA)

Delayed Quote. Delayed  - 02/22 10:14:59 pm
273.51 USD   -1.40%
12:53pDJToday's Top Supply Chain and Logistics News From WSJ
07:11a TESLA : On track
02/22 TESLA : Business Highlights
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

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 CET

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 INC
12:53pDJToday's Top Supply Chain and Logistics News From WSJ
07:11a TESLA : On track
02/22 TESLA : Business Highlights
02/22 TESLA : CFO Jason Wheeler to Depart in April to Pursue Opportunities in Public P..
02/22 TESLA : swings to lost in 4Q after profitable third quarter
02/22 TESLA : swings to loss in 4Q, says Model 3 on target
02/22 TESLA : reports 4Q loss
02/22 TESLA, INC. : Results of Operations and Financial Condition, Financial Statement..
02/22 TESLA : Releases Fourth Quarter and Full Year 2016 Financial Results
02/22 TESLA : Motors Quarterly Earnings Notice
More news
Sector news : Electrical (Alternative) Vehicles
10:01a Nissan's Ghosn says management will be 'completely accountable' after his CEO..
08:49aDJVOLKSWAGEN : Diesel Buybacks Aid VW's Sales -- WSJ
08:49aDJGhosn Leaves Nissan CEO Post -- WSJ
08:25aDJPEUGEOT : Correction to Peugeot Dividend Story
07:29aDJPEUGEOT : Resumes Dividend as Profit Jumps -- Update
More sector news : Electrical (Alternative) Vehicles
News from SeekingAlpha
03:15a Tesla (TSLA) Q4 2016 Results - Earnings Call Transcript
02:42a Vetting policies at SolarCity?
02/22 Quick Highlights From Tesla's Earnings Report
02/22 TESLA EARNINGS CALL : CFO exit, Model 3 production and Mars
02/22 TESLA : Still Not Enough Progress
Advertisement
Financials ($)
Sales 2017 9 994 M
EBIT 2017 -50,6 M
Net income 2017 -548 M
Debt 2017 1 436 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 4,55x
EV / Sales 2018 2,86x
Capitalization 44 059 M
More Financials
Chart TESLA INC
Duration : Period :
Tesla Inc Technical Analysis Chart | TSLA | US88160R1014 | 4-Traders
Full-screen chart
Technical analysis trends TESLA INC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 244 $
Spread / Average Target -11%
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 INC29.81%44 059
TOYOTA MOTOR CORP-5.44%187 303
DAIMLER AG-4.14%78 364
VOLKSWAGEN AG5.17%76 062
BAYERISCHE MOTOREN WER..-4.15%59 286
HONDA MOTOR CO LTD6.13%57 866
More Results