More on Better Place

There has been a lot of buzz about Better Place as of late. Most recently it was a rumor that the Obama energy team is seriously considering signing a deal. Regardless if Obama will sign on with Better Place, the company has made waves.

Better Place was founded by Israeli entrepreneur Shai Agassi in 2007 and with starting venture capital totaling 200 million dollars, it signed deals with Israel and Denmark within 6 months of its creation. It now has deals with Australia and others.

Why is it so special?

Better Place's vision is revolutionary. Agassi drew from his entrepreneurial experience and insights from world leaders to formulate a business plan that applies mobile phone industry economics and renewable energy to transportation. The vision of Better Place is based on these four pillars: plug, pillars, planet, prosperity. These four according to Better Place will translate into a better world and more comfortable living experience. Let's hope they are right!

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