Venture Capitalist and former CEO of Gateway computers, Rick Snyder, takes
the Governorship Chairman & CEO of the State of Michigan.
Snyder’s new ‘portfolio company’ is now called "State of Michigan Corporation" or "SOMICH Corp." (Traded on DJI: MI or MICH)
Day after 2010 Michigan Mid-Term Election...
Note: A "Washout Round" is a Private Equity or Venture Capital investor term for a financing round whereby the previous investors, founders, and management suffer significant dilution.