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The Nissan Motor Co. Ltd. is confident to hit its net profit target for latest fiscal year, Chief executive Carlos Ghosn said last Thursday, after missing last year's target by about ten percent.

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In November 2005, venture firm Sequoia Capital invested an initial $3.5 million;additionally, Roelof Botha, partner with the firm and former CFO of PayPal, joined the YouTube board of administrators. In April 2006, Sequoia and Artis Capital Management put an additional $8 million into the company, which in fact had experienced huge popular growth within its first month or two.

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