Liz Gannes

Recent Posts by Liz Gannes

Nearly a Billion Dollars Later, Electric Car Startup Better Place Shuts Down

Better Place, a startup that built battery-swapping stations for electric cars, is shutting down, it announced on Sunday. Fortune had reported that this was coming. After raising $850 million and being valued at $2.25 billion, Better Place sold 900 compatible cars in Israel and 400 in Denmark.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald