Solyndra used to make thin-film solar cells, but they could not make any money. The Department of Energy tried to help with a $535 million “Green” loan guarantee but the DOE missed the memo that says
EBITDA needs to be in the black if they expect to keep taxpayers out of the red. Private investors kicked in another
$70 million eventually but only after the DOE
primed itself. As White House economic advisor
Larry Summers noted, “…[government] is
a crappy vc [venture capitalist]…" Thanks to the DOE though, 40 employees and 150 contractors got to keep their jobs for an extra week last year according to the
WaPo.
posted by otto42
on Nov 15, 2011 -
45 comments
YouTube has a fair number of recordings of well-played classic arcade games.
Dig Dug,
Mr Do!,
Mr Do's Castle,
Do! Run Run,
Lady Bug Part 2,
Bagman,
Super Bagman,
Q*bert,
Venture,
Zoo Keeper,
Moon Cresta,
Scramble,
Make Trax,
Phoenix,
Rastan.
click through for more [more inside]
posted by JHarris
on Dec 23, 2010 -
35 comments
Bubbleprice.com is the handy guide for Internet startup entrepreneurs to use to calculate their next investment round. If you've recently raised money for your startup, how do you plan to use it? If you're working for a startup, better hope
Matt Marshall doesn't tag you with the dreaded
bubble tag.
posted by gen
on Jan 7, 2007 -
7 comments