Valor and you will Debido provides participated in numerous pre-IPO financial support series to have Tesla and you can SolarCity
Concurrently, Debido is creator, dealing with companion, Chief executive officer, Captain Capital Administrator, manager and you can sole manager regarding individual security enterprise Valor Government Corp., which really does team as Valor Equity Lovers (“Valor”). Using Valor loans, Debido participated in five Tesla promotion resource rounds ranging from 2005 and you will 2008, and additionally good pre-IPO venture obligations increase during 2009. Before Tesla’s IPO, Valor possessed almost four billion Tesla offers. Musk provides spent $2 billion in the each one of several Valor funds. Defendant Jurvetson features served since an excellent Tesla Board member given that .
The guy suits toward Board’s Audit Panel. During the fiscal season 2015, Jurvetson gained $six,095,984 since an excellent Tesla director. Musk and you can Jurvetson are best friends, confirmed in part of the simple fact that Musk offered Jurvetson the fresh new earliest Tesla Model S together with second Tesla Design X actually produced. Read more