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dubs
Tesla Inc sold by Technology Partners: $213.61m-Oct 27
Tesla board member sells shares worth $200 million after stock bump
A Tesla Inc board member sold shares of the electric carmaker worth more than $200 million on Wednesday, after the stock crossed the $1,000 mark for the first time to hit a record, according to filings and Reuters’ calculation. Tesla became the fifth company to hit the trillion-dollar benchmark on Monday following a deal with rental car company Hertz and after it recorded its best quarterly revenue and profits. Ira Ehrenpreis, an independent director on Tesla board, exercised options to buy 370,000 shares at about $50 each on Wednesday before their expiration in June next year, filings with the U.S. Security and Exchange Commission showed. He then sold 203,429 shares for as high as $1,068.38 a pop, leading to gains of about $214 million, according to the filings and Reuters’ calculation. Ehrenpreis, a venture capitalist who has been a member of the Tesla board since May 2007, has received stock options on a total of 740,000 stocks as of the end of 2020, according to another filing. He is one of the board members, including Chief Executive Elon Musk who stand to reap windfall gains from Tesla’s stock rallies, with a large number of stocks and stock options.
https://www.reuters.com/article/tesla-board/tesla-board-member-sells-shares-worth-200-mln-after-stock-bump-filings-idUSL4N2RP5BY
Hey CIA Reuters stooge "journalist".....
how hard is it to actually look up where Ira actually works instead of just "A Tesla board member" throughout your entire 'article'?
Sloppy
Ira Ehrenpreis-General Partner Technology Partners
Ira leads the firm's Cleantech investment practice, investing in energy technology, water technology, and advanced materials opportunities. Ira is a recognized leader in both the venture capital industry and the Cleantech sector, and in 2007 was named one of the "Top 50 Most Influential Men Under 45" and in 2014 was inducted into the International Green Industry Hall of Fame. In the venture community, Ira has served on the Board and Executive Committee of the National Venture Capital Association (NVCA), was Chairman of the 2010 NVCA Annual Meeting, and has served on the Board of the Western Association of Venture Capitalists (WAVC). Ira also serves as the Co-Chairman of the VCNetwork, the largest and most active California venture capital organization. In the energy sector, Ira is the founder and Chairman of one of the most prominent annual industry events, the World Energy Innovation Forum (WEIF), which convenes the who's-who in the industry to discuss the important issues and opportunities of our time. In addition, Ira has served on several industry Boards, including the Department of Energy’s (DOE) Energy Efficiency and Renewable Energy Advisory Committee (ERAC), the National Renewable Energy Laboratory (NREL) Advisory Council, the Clean-Tech Investor Summit (Chairman in 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, and 2013), the Renewable Energy Finance Forum (REFF) West (Co-Chairman in 2008, 2009, 2010, 2011, 2012, 2013, and 2014), the Cleantech Venture Network (Past Chairman of Advisory Board), and the American Council on Renewable Energy (ACORE). Ira is an active leader at Stanford University, where he has served on the Board of Visitors of Stanford Law School and has been an advisory board member of the Stanford Global Climate and Energy Project (GCEP). Ira has also been a guest lecturer, including teaching the course on Venture Capital. In addition to the foregoing, Ira served for many years on the Advisory Board of the Forum for Women Entrepreneurs (FWE) and recently served as Co-Chairman of the Silicon Valley Technology and Entrepreneurship Forum (SVIEF).
http://www.technologypartners.com/ira_ehrenpreis.html
http://www.technologypartners.com/team.html
https://finviz.com/insidertrading.ashx?oc=1412598&tc=7
DoorDash Inc. sold by Softbank Vision Fund: $2.02B-Oct 27
DoorDash, Inc. operates logistics platform, DoorDash. The Company's DoorDash platform connects merchants, consumers and Dashers. It offers Pickup that allows consumers to place advance orders, skip lines and pick up their orders. DoorDash for Work provides merchants with group orders and catering orders for businesses and events. Its logistics service, Drive, enables merchants to fulfill consumer demand that they have already created through their channels. DoorDash handles payment acceptance from consumers through a third party payment processor that manages credit card transaction processing. Its merchant software portal allows merchants to track business performance on a number of metrics, including how long a Dasher waits for an order, order accuracy, and reports on incremental sales. It provides customer support for any orders placed through its local logistics platform. Its subscription product, DashPass, serves as a membership program and offers consumers access to merchants. Number of employees : 3 886 people.
https://www.marketscreener.com/quote/stock/DOORDASH-INC-116169045/company/
The SoftBank Vision Fund is a venture capital fund founded in 2017 that is part of the SoftBank Group. With over $100 billion in capital, it is the world's largest technology-focused investment fund. In 2019, SoftBank Vision Fund 2 was founded. The total fair value of both funds as of 31 March 2021 was $154 billion.
https://en.wikipedia.org/wiki/SoftBank_Vision_Fund
https://visionfund.com/team
https://finviz.com/insidertrading.ashx?oc=1835490&tc=7&b=2