Shai Agassi

DEFINITION of 'Shai Agassi'

Shai Agassi is an Israeli entrepreneur living in California. Agassi founded TopTier Software in 1992, and is the former president of the products and technology group of SAP AG, a business management software company. He resigned from SAP in 2007 to become the founder and CEO of Better Pace, an electric vehicle company aiming to reduce the world's dependence on oil.

BREAKING DOWN 'Shai Agassi'

Agassi's company has worked with Nissan to create the first emission-free electric vehicle. His vision is to remove the hassles associated with electric vehicles (such as recharging them) and make them less expensive to operate than gasoline-powered vehicles. He also wants to make Israel the first country in the world to use only electric cars. Time magazine named him one of the 100 most influential people of 2009.

RELATED TERMS
  1. Qualified Electric Vehicle

    An electric vehicle that qualifies the owner to claim a nonrefundable ...
  2. Business Software & Services Industry ...

    An exchange-traded fund (ETF) that invests in business software ...
  3. Statutory Accounting Principles ...

    A set of accounting regulations prescribed by the National Association ...
  4. Business Automobile Policy - BAP

    An insurance policy that covers a company's use of cars, trucks, ...
  5. Advanced Technology Vehicle Manufacturing ...

    A U.S. Government subsidy created under section 136 of the Energy ...
  6. Alternative Motor Vehicle Credit

    A tax credit given to individuals who purchase vehicles that ...
Related Articles
  1. Investing

    Startups Destroyed By Venture Capitalists

    While the title may sound counter-intuitive, venture capitalists have been responsible for causing or accelerating the downfall of their startups. Here are a couple of examples.
  2. Stock Analysis

    Salesforce and SAP: Don’t Expect the Same From Both (CRM, SAP)

    Take a look at the similarities and differences between SAP and Salesforce in the customer relationship management (CRM) software marketplace.
  3. Personal Finance

    World's top 10 Software Companies

    Want to invest in software stocks but finding it difficult to identify companies with major software revenue? Here is a list of top software companies
  4. Investing

    The Top 10 Hidden Factors Affecting Software Stocks

    Want to invest in software? Here are the most important factors affecting profits, revenues, and stock price of software companies
  5. Stock Analysis

    Salesforce Vs. SAP: Comparing Top CRM Providers (CRM, SAP)

    Learn about the different CRM offerings by Salesforce and SAP. Understand each company's past and what kind of futures the differences indicate.
  6. Trading Strategies

    General Electric: Good News/Bad News

    General Electric is generous to its shareholders, but that's not the only factor to consider.
  7. Personal Finance

    Can Electric Cars Replace Gas Guzzlers?

    High costs and poor battery performance have deterred many from switching to electric cars, which begs the question: can electric cars replace gas guzzlers?
  8. Professionals

    Bonds

    We look at this investment vehicle in all of its forms.
  9. Mutual Funds & ETFs

    EWG iShares Germany ETF: Top 5 Holdings (BAYR, SAP)

    Find out what the top five holdings are in the iShares MSCI Germany ETF. These stocks range in sectors and make up a large percentage of total assets.
  10. Personal Finance

    The Complete Guide To Buying A Used Car: Conclusion

    Used vehicles may lack that new car smell, but they more than make up for it in savings. Not only is a pre-owned vehicle more affordable than a new one, it's also cheaper to insure, maintain ...
RELATED FAQS
  1. What is the best way to get exposure to electric cars when investing in the automotive ...

    Learn more about the electric vehicle industry and what investment opportunities are available among auto manufacturers and ... Read Answer >>
  2. What impact will the growing popularity of electric cars have on the oil sector?

    Explore how the growing popularity of electric cars impacts the oil sector. Demand for oil decreases as the popularity of ... Read Answer >>
  3. What is accrual accounting in SAP?

    See how accrual accounting practices are handled through the Statutory Accounting Principles and the Systems, Applications ... Read Answer >>
  4. How does portfolio management software work?

    Discover the functions of various complexity levels of portfolio management software, and learn how traders utilize portfolio ... Read Answer >>
  5. How can electricity be traded as a commodity by an individual investor?

    Learn the characteristics unique to electricity trading as a commodity and how investors can trade electricity futures on ... Read Answer >>
  6. Who are Tesla's (TSLA) main suppliers?

    Learn about the electric car manufacturer, Tesla Motors, and discover the more than two dozen suppliers that provide parts ... Read Answer >>
Hot Definitions
  1. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  2. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  3. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  4. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  5. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
  6. Generally Accepted Accounting Principles - GAAP

    The common set of accounting principles, standards and procedures that companies use to compile their financial statements. ...
Trading Center