May 2011
April 2011
A "green" company's IPO: Zipcar stock up 60% →
greentechmedia.com
While Zipcar has lost $65 million since it launched, the service is very popular with 500,000 users and Wall Street just ate up their stock on the first day. Time will tell if it is a sustainable business model. However, today’s events give evidence that Wall Street (Goldman Sachs and JP MorganChase in this case) will happily get behind bold ventures if they see the potential for profit.
