Tesla Motors has just revealed a new, amazing finance product that takes the best aspects of owning a car alongside the best aspects of leasing a car. With its new payment, those looking to purchase a Model S will be able to get one with virtually no down payment, as well as low monthly payments.
Tag Archives: financing
Contract free wireless carriers are the way to go for many people around the world for a number of reasons. Traditionally one of the biggest drawbacks of going with a contract free wireless provider such as Leap Wireless or MetroPCS has been the fact that having no contract means you have to pay a large
Not a week goes by where I don’t get an email that goes like this: “I wanted to reconnect, as I’ve recently left [the company that bought my startup]. Long story, but suffice it to say their executives and I did not share the same vision for the future.”
Let’s face it, although there have been some smashing successes, more often than not, Mergers & Acquisitions fail. If you didn’t know any better, you’d think that selling your company amounted to a kiss of death, when it ought to be closer to a rebirth and the start of something… better. Indeed, while raising money from investors feels like marriage, M&A sure feels like death.
On Friday, a little-known Swedish ecommerce payments company called Klarna raised a massive $ 155 million round from DST and General Atlantic. Its previous round was a scant $ 9 million in May, 2010 when it was discovered by Sequoia Capital and superstar partner Michael Moritz took a board seat (yes, he actually flies to Sweden for the board meetings). “This is the public financing of twelve years ago,” Moritz tells me, “it is just done privately.”
Klarna’s mega-round fits into a growing trend with successful internet companies that build out a substantial business on a few million dollars, then don’t take on any more money until they do a huge round. Examples include Dropbox, which recently raised $ 250 million after only raising $ 7 million before, and Airbnb with its $ 112 million round (Sequoia was an early investor in both of these as well).
If you like to read digital publications you will like this news. Digital magazine firm Zinio has raised some new funding that will help it to launch a digital newsstand. Zinio has apps for computers and just about every mobile device out there. The cool part is that the digital magazines are pretty much exactly [...]