The obvious way to make employees more productive is to give them more, and more up-to-date, capital equipment.
The company has gone to market multiple times to raise additional capital, and said year-to-date capital expenditures would be slightly over $2 billion by the time it started Model 3 production.
Withdrawals entirely offset the capital inflows into hedge funds during the first half of 2008, bringing year-to-date net capital flows to a decline of $2.5 billion.
To-date, the capital raised has been used to acquire content, expand the London-based tech team, develop mobile websites and applications and open offices in London, New York and Johannesburg, alongside the company's Lagos headquarters.
Prosper has raised $40 million in capital to date from Accel Partners and Benchmark Capital, among others.
Prosper has raised approx. $40 million in capital to date from Accel Partners, DAG Ventures, Fidelity Ventures and Benchmark Capital, among other investors.
OneRiot has raised $27 million to date in venture capital.
Founded in 2007, DataXu has raised $7.8 million to date from venture capital firms Atlas Venture and Flybridge Capital.
Nexus, which has invested in more than 60 companies to date, said the capital will be used for seed and early-stage deals once again.
Y Combinator, a seed stage venture firm that has invested in a whopping 118 startups since summer 2005, has to date only invested capital provided by its four founders: Paul Graham, Jessica Livingston, Trevor Blackwell and Robert Morris.
