A. Richard Newton Distinguished Innovator Lecture Series - Marc Tarpenning

A. Richard Newton Distinguished Innovator Lecture Series - Marc Tarpenning

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Marc Tarpenning is a Cal grad, partner at Spero Ventures and cofounder of Tesla. In 1997 Eberhard and Tarpenning cofounded NuvoMedia, an e-book venture that produced the Rocket eBook (1998). Eberhard served as CEO and Tarpenning led development until 2000, when NuvoMedia was sold to Gemstar–TV Guide International for $187 million. In 2003 Eberhard and Tarpenning teamed up again to launch Tesla Motors, a company dedicated to developing an electric sports car. Funding for the company was obtained from a variety of sources, most notably PayPal cofounder Elon Musk, who contributed more than $30 million to the new venture and served as chairman of the company. Marc was vice president of electrical engineering, supervising the development of electronic and software systems for the roadster, and was CFO for several years. He left the company in 2008. He recently joined eBay founder Pierre Omidyar’s venture firm, Spero Ventures, to back the next generation of start-ups focused on sustainability.