The Billion-Dollar Crash of Better Place

The Billion-Dollar Crash of Better Place

0 0 2 years ago
Dozens of companies across solar, batteries and biofuels have imploded over the years. But it's hard to match the spectacular implosion of Better Place five years ago.

Better Place rose to fame in 2007, pulling in nearly $1 billion of venture capital by promising to put millions of cheap electric cars and battery switching stations on roads around the world. It fell nearly as quickly into bankruptcy after a series of poor decisions, market twists and bitter internal disputes.

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