Tag Archives: Capitalist

Tesla stock price largely based on ‘hype’ and ‘pixie dust,’ venture capitalist says

Tesla stock price largely based on ‘hype’ and ‘pixie dust,’ venture capitalist says

Investors are learning a painful lesson that Tesla’s stock price is valued on Elon Musk’s pomp and circumstance in addition to the automaker’s fundamentals. “Is Tesla a great company that produces a great car? Absolutely. Is Tesla worth what General Motors should be or Ford or Toyota should be? Of course not,” veteran venture capitalist Bradley Tusk said on Yahoo Finance Live (video above). “So much of Tesla’s share price is based on hype and the pixie dust that Elon Musk is so good at… Source link

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Tesla stock price largely based on ‘hype’ and ‘pixie dust,’ venture capitalist says

Tesla stock price largely based on ‘hype’ and ‘pixie dust,’ venture capitalist says

Investors are learning a painful lesson that Tesla’s stock price is valued on Elon Musk’s pomp and circumstance in addition to the automaker’s fundamentals. “Is Tesla a great company that produces a great car? Absolutely. Is Tesla worth what General Motors should be or Ford or Toyota should be? Of course not,” veteran venture capitalist Bradley Tusk said on Yahoo Finance Live (video above). “So much of Tesla’s share price is based on hype and the pixie dust that Elon Musk is so good at… Source link

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Bitcoin price drops as venture capitalist sticks to $250,000 prediction

A survey shows hedge funds plan to increase their exposure to cryptocurrencies by 2026. Photo: Getty Images Bitcoin dropped below $40,000 (£28,410) on Tuesday morning even as a survey showed hedge funds interest is on the up and billionaire venture capitalist Tim Draper said he is sticking by his prediction that the cryptocurrency will reach $250,000 by the end of 2022 or early 2023. Bitcoin (BTC-USD) was down 1% and trading at $39,717 a day after it got a boost as American hedge fund magnate… Source link

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InterPrivate II Acquisition Corp. Elects former Yahoo! President Susan Decker, Venture Capitalist Jeffrey Harris and ex-Citi Private Bank Chair Tracey Brophy Warson as Independent Directors

NEW YORK, March 16, 2021 /PRNewswire/ — InterPrivate II Acquisition Corp. (NYSE: IPVA.U) (NYSE: IPVA) (NYSE: IPVA WS) (the “Company”) announced today that Susan L. Decker, Jeffrey Harris and Tracey Brophy Warson were appointed to the board of directors of the Company (the “Board”) on March 4, 2021, in connection with the Company’s initial public offering. Ms. Decker, Mr. Harris, and Ms. Warson are independent directors. InterPrivate II Acquisition Corp. is led by Chairman and CEO

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