Lyndon Rive,Co-Founder & CEO of SolarCity, discusses his company's initial public offering.
Lyndon Rive is the co-founder and chief executive officer of SolarCity. He has grown the company from two to more than 2,100 employees and helped it become one of the most recognizable brands in clean energy in less than six years. Lyndon has led the company’s efforts to raise more than $1.5 billion in structured financing and $200 million in corporate capital from a range of investors, including Bank of America Merrill Lynch, Google, PG&E Corporation and U.S. Bancorp. He has also helped the company enter a range of new markets to serve more than 150 schools and universities, a dozen regional and national homebuilders, and major organizations including eBay, Intel, Walmart and the U.S. Military. Prior to SolarCity, Lyndon co-founded Everdream, an industry leader in software and services for large-scale, distributed computer management. Lyndon negotiated the company’s partnership with Dell Computer, which acquired Everdream in 2007. A lifelong entrepreneur, Lyndon founded his first company at the age of 17, and in his spare time has been a member of the U.S. National Underwater Hockey Team.