[brian]

I can't imagine anyone being dumb enough to give them more money at this point. For that matter I'm not sure how anyone could have been dumb enough to have given them money in the first place.

-Brian

 

[Michael]

how much of the 850 million do they have left?
[hr]
how much of the 850 million do they have left?

 

[marcus]

I can't imagine anyone being dumb enough to give them more money at this point. For that matter I'm not sure how anyone could have been dumb enough to have given them money in the first place.

-Brian

Didn't YOU give them money?

 

[brian]

Didn't YOU give them money?

Hell no. I gave them my $111,000 for the car but there was no way I was going to invest in the company.

-Brian

 

[marcus]

Didn't YOU give them money?

Hell no. I gave them my $111,000 for the car but there was no way I was going to invest in the company.

-Brian

You also paid your taxes.
Unfortunately, I think there are too few of us buying cars. Now it's gambling time! Investors (including taxpayers) are going to have to pay to see another card.

 

[dennis]

I can't imagine anyone being dumb enough to give them more money at this point. For that matter I'm not sure how anyone could have been dumb enough to have given them money in the first place.

-Brian

I never thought of Kleiner Perkins as being dumb money.

 

[brian]

I never thought of Kleiner Perkins as being dumb money.

Nor did most people. That's how they got so many other investors to follow them. Lots of big financial names in the last decade have made really, really dumb moves, and look what happened to them, so just because a respected company is behind a dumb investment doesn't mean the investment is any less dumb.

-Brian

 

[Sparky168]

Didn't YOU give them money?

Hell no. I gave them my $111,000 for the car but there was no way I was going to invest in the company.

-Brian

You also paid your taxes.
Unfortunately, I think there are too few of us buying cars. Now it's gambling time! Investors (including taxpayers) are going to have to pay to see another card.

I am sure Fisker will work out at the end.
Why? You can't put lipstick on a pig and call it pretty. But when you have a princess, she can wear cloth shoes and one day the prince will come to the rescue. You have to say Karma is an awesome looking car. It has the regular car teething problem and they will be fixed. Which car company has no recalls even for the established one?
Too much distortion and inaccurate reports by the media, either because of self interest or political sensationalism. Fisker will be more than fine.

 

[dennis]

I never thought of Kleiner Perkins as being dumb money.

Nor did most people. That's how they got so many other investors to follow them. Lots of big financial names in the last decade have made really, really dumb moves, and look what happened to them, so just because a respected company is behind a dumb investment doesn't mean the investment is any less dumb.

-Brian

Brian, I am willing to bet you $100 that Fisker gets their next round of funding. That's only an additional 0.1% investment over the cost of the car. Are you game?

- Dennis

 

[Dutch]

I think we've just found the reason why the Karma was brought to market even if not all the teething problems were solved: the loan-contract stipulated certain goals for the Karma-program to be met, and one of them was probably producing a certain number of cars by a certain date.

 

[BillyO]

I can't imagine anyone being dumb enough to give them more money at this point. For that matter I'm not sure how anyone could have been dumb enough to have given them money in the first place.

-Brian

I never thought of Kleiner Perkins as being dumb money.

KP was paid for raising the money.

BillyO

 

[Fabulist]

I can't imagine anyone being dumb enough to give them more money at this point. For that matter I'm not sure how anyone could have been dumb enough to have given them money in the first place.

-Brian

I never thought of Kleiner Perkins as being dumb money.

KP was paid for raising the money.

BillyO

They also have a big chunk of their own money invested in the company, far more than any fees they may have collected and are exposed to the risk along with the other investors.

-- Fab.

 

[AnOutsider]

I think we've just found the reason why the Karma was brought to market even if not all the teething problems were solved: the loan-contract stipulated certain goals for the Karma-program to be met, and one of them was probably producing a certain number of cars by a certain date.

We also know why they tried to pretend it was the EPA's fault that the car wasn't shipping. If they had approved the car back in April 2011, it still wouldn't have been ready.

 

[Fabulist]

The conversation had veered off Karma's cash flow and into upgrade delays at the the Fisker dealer in Texas, so I started a new thread and moved the messages to that one.

-- Fab.

 

[Hamit Yasarturk]

Are you happy you gave them your money?

Hehe... I ask myself that question every time the car malfunctions. The answer is YES. They may very well go out of business by the end of the year, but for the money I'm still happy I got this car even if it turns into a giant paperweight.

-Brian[hr]
Just saw this: http://www.google.com/hostednews/ap/article/ALeqM5gm3Y0fC4OaKwSkk3pauOonAmQhMA?docId=bffaf722c7534b8187c5756f40143ab8

Seems to be the most detailed report on the situation so far.

-Brian

[hr]

Are you happy you gave them your money?

Hehe... I ask myself that question every time the car malfunctions. The answer is YES. They may very well go out of business by the end of the year, but for the money I'm still happy I got this car even if it turns into a giant paperweight.

-Brian[hr]
Just saw this: http://www.google.com/hostednews/ap/article/ALeqM5gm3Y0fC4OaKwSkk3pauOonAmQhMA?docId=bffaf722c7534b8187c5756f40143ab8

Seems to be the most detailed report on the situation

lool at bright side, car is absolutly gorgeous. when we have seen a car last time stir up emotions.

[hr]

I think we've just found the reason why the Karma was brought to market even if not all the teething problems were solved: the loan-contract stipulated certain goals for the Karma-program to be met, and one of them was probably producing a certain number of cars by a certain date.

We also know why they tried to pretend it was the EPA's fault that the car wasn't shipping. If they had approved the car back in April 2011, it still wouldn't have been ready.

you absoletly right.