Oil co. Terralliance finds funds despite risky business » VentureBeat
VENTUREBEAT.COM - Oil and gas exploration company Terralliance has raised an undisclosed amount of funding mostly from existing investors, despite reports that it squandered almost $300 million in capital on questionable purchases — Russian jets not least among them — before laying off more than half of its employees.The company is not taking money from just anyone either, naming Kleiner Perkins...
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