who made his fortune by buying shares in undervalued, mismanaged companies and being installed as the new chairman on their boards .
But when he found that patent, he sought out Turntide's founders. They were expecting to build this company and sell it like they had done with a previous company, Morris said. But the investor told them, "I think we can make a $100 billion company here."The partners at his fund, Meson, agreed to invest $50 million of the $100 million Morris raised so far. That $100 million includes thelead by Amazon's new Climate Pledge Fund.
That gave him an opening to talk about the motor that no one thought could be built, but that gentle pitch didn't lead to immediate funding.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Thank you for the paywall. Even the highlights for the article are not available.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the last workshop making traditional Portuguese cowbells by hand - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside recent sports media and gambling deals: expert analysis - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
A look inside the Grace Hopper Celebration for women in tech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. If you want to take your website to the first page of Google , SEO backlinks that help increase traffic, increase website ranking contact now
Source: BusinessInsider - 🏆 729. / 51 Read more »
Look inside a 130-year-old church in Vermont transformed into a modern, 5-bedroom home - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Pitch deck: How AR platform Camera IQ raised $5 million - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Nuvia used this deck to raise $240 million to challenge Intel and AMD - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »