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Better Place
smartertimes.com
The Times business section reports on the liquidation of Better Place, an electric vehicle infrastructure company that had raised $850 million in private capital. The firm was founded by an Israeli entrepreneur named Shai Agassi. The Times news article makes no mention of Tom Friedman's July 27, 2008 column describing Mr. Agassi as "the Jewish Henry Ford" who "could sell camels to Saudi Arabia." Maybe Mr. Agassi will succeed in some future venture, and maybe some future businessman — perhaps even one who buys some of Better Place's assets — will succeed in making a business out of electric vehicle infrastructure. But anyone who invested in Better Place even in part in the basis of Mr. Friedman's enthusiasm might consider asking him for their money back, or, at the very least, for a follow-up column explaining what went wrong and why.
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Better Place
smartertimes.com
The Times business section reports on the liquidation of Better Place, an electric vehicle infrastructure company that had raised $850 million in private capital. The firm was founded by an Israeli entrepreneur named Shai Agassi. The Times news article makes no mention of Tom Friedman's July 27, 2008 column describing Mr. Agassi as "the Jewish Henry Ford" who "could sell camels to Saudi Arabia." Maybe Mr. Agassi will succeed in some future venture, and maybe some future businessman — perhaps even one who buys some of Better Place's assets — will succeed in making a business out of electric vehicle infrastructure. But anyone who invested in Better Place even in part in the basis of Mr. Friedman's enthusiasm might consider asking him for their money back, or, at the very least, for a follow-up column explaining what went wrong and why.
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Tom Friedman
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