Tr?id=566623520170033&ev=PageView&noscript=1

Former Tesla and Lyft Executive Launches ETF Firm

Posted on December 6th, 2024 at 1:22 PM
Former Tesla and Lyft Executive Launches ETF Firm

From the desk of Jim Eccleston at Eccleston Law

Jon McNeill, a former executive at Tesla and Lyft and co-founder of venture firm DVx Ventures, has partnered with ETF pioneer Adam Patti to launch VistaShares, an asset management firm specializing in ETFs centered on artificial intelligence and electrification. AdvisorHub reports that VistaShares will target “supercycles” — transformative, long-term trends in technology that disrupt existing economic models.

DVx Ventures, which McNeill co-founded after leaving Lyft in 2019, has created over a dozen companies across industries like software-as-a-service, electric vehicles, and AI. Unlike traditional venture firms, DVx develops its portfolio companies in-house rather than investing in external startups. VistaShares will be DVx's first venture into asset management.

AdvisorHub opines that thematic ETFs, such as those focusing on AI and electrification, face an uphill challenge in attracting investors, especially as interest rate hikes have recently strained growth stocks. However, VistaShares aims to stand out by tapping into these high-impact trends, positioning itself in a competitive and fast-evolving sector of the asset management industry.

 

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, transition, regulatory, and disciplinary matters.

Tags: eccleston, eccleston law

Return to Archive

TESTIMONIALS

Previous
Next
Quotes Bigger

Hiring Eccleston Law has been one of the best career decisions I have made and this "investment" to maintain my sterling regulatory record has been returned many times over.  If you are in a situation where you've been unfairly accused, don't hesitate to talk with Eccleston Law. They are the best.

Thomas C.

LATEST NEWS AND ARTICLES

1785858278 Law
August 4, 2026
SEC Fines Former LPL Broker $125,000 for Undisclosed Conflicts in Private Securities Offerings

The Securities and Exchange Commission (SEC) has censured a former LPL Financial broker and imposed a $125,000 civil penalty after finding that he failed to disclose conflicts of interest related to private real estate securities offerings that generated nearly $1.5 million in compensation, as reported by AdvisorHub.

1785772777 Law
August 3, 2026
FINRA Launches Review of High-Risk Structured Notes Sales and Supervision

The Financial Industry Regulatory Authority (FINRA) has launched a regulatory sweep examining the sale of high-risk structured products, with particular attention on non-principal protected "worst-of" structured notes, according to AdvisorHub.

1785531573 Law
July 31, 2026
Former Alabama Financial Advisor Barred After Selling His Practice

The U.S.