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A relative worked at Fisker recently. The loan you are talking about was in 2009. That version of Fisker went out of business in 2014. The most "recent itera
by starik36 2y ago
A relative worked at Fisker recently. The loan you are talking about was in 2009. That version of Fisker went out of business in 2014.
The most "recent iteration" of Fisker was basically a company from scratch. It was only called Fisker because it's original founder (Henrik Fisker) retained the rights to the name and logo.
This time around there weren't any loans from the US govt.
- kiba 2y agoWhich also failed which proved that the founder is a bad bet and that if the US government chooses to invest again, it should steer clear of that dude.
- JumpCrisscross 2y agoCan’t decide if irony or surprise at the empirical naïveté is surprising me more about a HN comment advocating for blacklisting once-failed founders.
- jonhohle 2y agoMy point is public money shouldn’t be used for “investment”. If they contracted with the company to make a fleet and they didn’t deliver at least the public would have recourse to liquidate and collect. By handing out free money on a risky gamble, everyone loses.