The Stealth M7

Stealth M7 (select to view enlarged photo)
Stealth M7 Concept Car

PALO ALTO, CA--July 24, 2013: The Stealth M Group, whose focus is on advancing female entrepreneurs, is giving away its concept car, the Stealth M7, to raise business capital for women in technology and other fields to start and/or maintain their own businesses.

To raise such capital, today the company has launched the website StealthM7. Here it will sell advertisement and announcement space for $7 per day and take donations. Once they have raised $7 million for female-owned start-ups, the winner of the Stealth M7 will be randomly selected from those who advertise on the site or contribute any amount of money to the cause.

The idea to give away its concept car to raise money for women was inspired by a question posted on "Who drives the BMW with the license "VC+E=IPO" in downtown Palo Alto?" The Stealth M7 concept car, created for personal use from a customized BMW 750, has received so much attention in Silicon Valley and Beverly Hills that business owners and individuals have offered to buy the car or trade it for equity in their own companies. But instead of selling it, the Stealth M Group decided that it could raise more capital to support female entrepreneurs if, as incentive to patronize its website, it gave the car away.

According to the National Women's Business Council, businesses owned by women have had a positive $3 trillion yearly impact on the U.S. economy and have created over 23 million jobs. Yet the Huffington Post states that women receive only about 5 percent of US equity capital each year and 80 percent less venture capital then men to launch their businesses. Therefore, many female-owned companies most often fail or never get off the ground due to lack of sufficient capital. "So imagine how much we can improve the financial impact women make on our economy by investing in female entrepreneurs. I'm ready. Let's get started!" says Stealth, one of the founders of the Stealth M Group.

Home | Buyers Guides For Every Auto Make | New Car Buyers Guide | Used Car Super Search | Total New Car Costs | 2016-1993 Car Reviews Truck Reviews
1996-2016 Automotive News | TACH-TV | Media Library | Discount Auto Parts

Copyright © 1996-2016 The Auto Channel. Contact Information, Credits, and Terms of Use. These following titles and media identification are Trademarks owned by The Auto Channel, LLC and have been in continuous use since 1987 : The Auto Channel, Auto Channel and TACH all have been in continuous use world wide since 1987, in Print, TV, Radio, Home Video, Newsletters, On-line, and other interactive media; all rights are reserved and infringement will be acted upon with force.

Privacy Statement | Size Does Matter | Media Kit | XML SITE MAP | Affiliates

Send your questions, comments, and suggestions to

Submit Company releases or Product News stories to
Place copy in body of email, NO attachments please.

To report errors and other problems with this page, please use this form.

Link to this page: