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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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus